eHealth (EHTH) Tops Q3 EPS by 14c

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eHealth, Inc. Announces Third Quarter 2018 Results

October 25, 2018 4:15 PM EDT

MOUNTAIN VIEW, Calif., Oct. 25, 2018 /PRNewswire/ -- 

Third Quarter 2018 Overview

Revenue for the third quarter of 2018 was $40.8 million, a 30% increase compared to $31.5 million for the third quarter of 2017. GAAP net loss for the third quarter of 2018 was $9.0 million compared to net loss of $2.2 million for the third quarter of 2017. Adjusted EBITDA was $(6.9) million for the third quarter of 2018 compared to $(12.5) million for the third quarter of 2017. Net cash used in operations for the third quarter of 2018 was $4.9 million compared to $12.9 million for the third quarter of 2017.

Effective January 1, 2018,... More