EHealth, Inc. Provides Earnings Guidance for the Fourth Quarter of 2014 and Revises Earnings Guidance for the Full Year 2014
January 14, 2015 at 09:51 pm
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eHealth, Inc. provided earnings guidance for the fourth quarter of 2014 and revised earnings guidance for the full year 2014. Revenue for the fiscal year 2014 is expected to be in the range of $178 million to $180 million, compared to the company's guidance of $185 million to $194 million. EBITDA for the year is expected to be in the range of $1.5 million to $4.0 million, compared to guidance of $13.5 million to $18.5 million. Non-GAAP net loss per diluted share for the fiscal year 2014 is expected to be in the range of $0.13 to $0.04, compared to previous guidance of $0.30 to $0.43 per diluted share.
Revenue for the fourth quarter of 2014 is expected to be in the range of $43 million to $45 million. LBITDA for the fourth quarter of 2014 is expected to be in the range of $16.3 million to $13.8 million. Fourth quarter 2014 non-GAAP net loss per diluted share is expected to be in the range of $0.56 to $0.47.
eHealth, Inc. is an independent licensed insurance agency and advisor. The Company provides a private online health insurance marketplace with a technology and service platform that provides consumer engagement, education, and health insurance enrollment solutions. Its segments include Medicare and Employer and Individual. It markets a large selection of Medicare-related health insurance plans and, to a lesser extent, ancillary products, such as dental and vision insurance and indemnity plans, to its Medicare-eligible consumers. Its Medicare e-commerce platform, which can be accessed through its Websites (www.eHealthMedicare.com, www.PlanPrescriber.com and www.GoMedigap.com), and telephonic enrollment capabilities enable consumers to research, compare and purchase Medicare-related health insurance plans. It markets individual and family health insurance plans (IFP) and small business health insurance plans through its e-commerce platform, which can be accessed through its Websites.