Brief: Ehealth, Inc. Announces Fourth Quarter And Fiscal Year 2021 Results

eHealth

01/03/2022 15:49

March 1 (Reuters) - eHealth Inc  EHTH.O :
    * EHEALTH, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR
2021
RESULTS
    * REVENUE FOR Q4 OF 2021 WAS $243.5 MILLION, DOWN 17%
    * EHEALTH - ESTIMATED MEDICARE ADVANTAGE MEMBERSHIP & TOTAL
MEDICARE MEMBERSHIP AS OF DEC 31, 2021 GREW 19% & 10%,
RESPECTIVELY, VERSUS DEC 31, 2020
    * EHEALTH - PLAN TO IMPLEMENT MULTI-YEAR TRANSFORMATION
INITIATIVE
TO RIGHT-SIZE COST STRUCTURE AND DRIVE FUTURE PROFITABILITY
    * 2022 TRANSFORMATION INITIATIVES INCLUDE TARGETED
REDUCTIONS IN
FIXED EXPENSES AND VENDOR-RELATED SPEND OUTSIDE OF MISSION
CRITICAL AREAS
    * QTRLY DILUTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDER
PER
SHARE $1.45
    * QTRLY NON-GAAP DILUTED NET INCOME PER SHARE $0.49
    * 2022 TOTAL REVENUE IS EXPECTED TO BE IN RANGE OF $448.0
MILLION
TO $470.0 MILLION
    * 2022 GAAP NET LOSS IS EXPECTED TO BE IN RANGE OF $147.0
MILLION
TO $124.0 MILLION
    * Q4 EARNINGS PER SHARE VIEW $0.94, REVENUE VIEW $251.8
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $591.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPnbH3qQYa 
Further company coverage:  EHTH.O 

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