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EHealth Shares Jump After Q1 Net Loss Shrinks, Revenue Rises
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EHealth Shares Jump After Q1 Net Loss Shrinks, Revenue Rises
May 7, 2024 10:51 AM

01:39 PM EDT, 05/07/2024 (MT Newswires) -- EHealth ( EHTH ) shares climbed more than 12% in recent trading after the company reported a Q1 net loss Tuesday of $0.96 per diluted share, narrowing from a loss of $1.01 a year earlier.

Three analysts polled by Capital IQ expected a per-share loss of $0.81.

Total revenue for the quarter ended March 31 was $93.0 million, up from $73.7 million a year earlier.

Four analysts surveyed by Capital IQ expected $82.6 million.

The company maintained its 2024 revenue outlook of $450 million to $475 million. Four analysts surveyed by Capital IQ expect $462 million.

Price: 5.36, Change: +0.59, Percent Change: +12.37

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