EHealth, Inc. Revises Earnings Guidance for the Full Year Ended December 31, 2020
January 29, 2021 at 09:00 am
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eHealth, Inc. revised earnings guidance for the full year ended December 31, 2020. Revenue for the year ended December 31, 2020 is expected to be in the range of $581.0 to $583.0 million as compared to the Company's guidance of $630.0 to $670.0 million. GAAP net income for the year ended December 31, 2020 is expected to be in the range of $43.5 to $45.5 million as compared to the Company's guidance of $79.0 to $94.0 million.
eHealth, Inc. is an independent licensed insurance agency and advisor. The Company provides a private online health insurance marketplace with a technology and service platform that provides consumer engagement, education, and health insurance enrollment solutions. Its segments include Medicare and Employer and Individual. It markets a large selection of Medicare-related health insurance plans and, to a lesser extent, ancillary products, such as dental and vision insurance and indemnity plans, to its Medicare-eligible consumers. Its Medicare e-commerce platform, which can be accessed through its Websites (www.eHealthMedicare.com, www.PlanPrescriber.com and www.GoMedigap.com), and telephonic enrollment capabilities enable consumers to research, compare and purchase Medicare-related health insurance plans. It markets individual and family health insurance plans (IFP) and small business health insurance plans through its e-commerce platform, which can be accessed through its Websites.