eHealth (EHTH) Misses Q3 EPS by 15c
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October 27, 2016 4:11 PM EDT
Third Quarter 2016 Overview
Revenue for third quarter of 2016 was $32.1 million, a decrease of 16%
compared to the third quarter of 2015.
GAAP net loss for third quarter of 2016 was $5.7 million compared to
GAAP net income of $3.6 million for the third quarter of 2015.
Adjusted EBITDA for the third quarter of 2016 was $(4.6) million
compared to Adjusted EBITDA of $5.8 million for the third quarter of
2015.
Cash flow from operations for third quarter of 2016 was an inflow of
$1.5 million compared to an inflow of $10.9 million for the third
quarter of 2015....
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October 27, 2016 4:10 PM EDT
100-day strategic review identifies plan to leverage existing
strengths to expand growth in Medicare and Small Business Group
insurance markets
New operating structure and executive management appointments
aligned with strategic plan
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
eHealth, Inc. (NASDAQ: EHTH), the nation's first and largest private
health insurance exchange, announced today the outcome of its 100-day
strategic review process. eHealth plans to migrate and focus its
business activities on the Medicare and small business insurance markets
while continuing to operate the... More
