eHealth (EHTH) Misses Q3 EPS by 15c
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eHealth, Inc. Announces Third Quarter 2016 Results
October 27, 2016 4:11 PM EDTThird 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.... MoreeHealth Announces Results of Strategic Review Process and Management Appointments
October 27, 2016 4:10 PM EDT100-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
