eHealth (EHTH) Tops Q4 EPS by $1.70, Guides Well Above Views
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eHealth, Inc. Announces Fourth Quarter 2019 and Fiscal 2019 Results
February 20, 2020 4:10 PM ESTSANTA CLARA, Calif., Feb. 20, 2020 /PRNewswire/ --
Fourth Quarter 2019 Overview
Revenue for the fourth quarter of 2019 was $301.7 million, a 124% increase compared to $134.9 million for the fourth quarter of 2018. GAAP net income for the fourth quarter of 2019 was $88.8 million compared to net income of $26.1 million for the fourth quarter of 2018. Adjusted EBITDA was $142.6 million for the fourth quarter of 2019 compared to $51.9 million for the fourth quarter of 2018. Fourth quarter 2019 revenue and adjusted EBITDA include the positive impact of $42.3 million in revenue resulting from a change in estimate for expected... More