Brief: Gohealth Reports Q1 2023 Results

GoHealth

08/05/2023 15:32

May 8 (Reuters) - Gohealth Inc  GOCO.O :
    * GOHEALTH REPORTS FIRST QUARTER 2023 RESULTS
    * GOHEALTH INC - Q1 2023 NET LOSS OF $22.5 MILLION COMPARED
TO NET
LOSS OF $37.2 MILLION IN PRIOR YEAR PERIOD
    * GOHEALTH INC -  Q1 2023 NET REVENUE OF $183.2 MILLION
VERSUS
$270.6 MILLION
    * GOHEALTH INC - COMPANY REITERATES ITS FULL YEAR 2023
OUTLOOK
    * GOHEALTH INC - CO MADE STRATEGIC DECISION TO EXIT ITS
NON-ENCOMPASS BPO SERVICES2 TO FOCUS ON ITS CORE BUSINESS
    * GOHEALTH INC - EXPECT FINANCIAL BENEFIT OF DECISION TO
EXIT WILL
BEGIN TO FLOW THROUGH COMPANY'S RESULTS IN Q2 OF 2023
    * GOHEALTH INC - EXIT IS EXPECTED TO BE COMPLETE IN Q3 OF
2023
    * GOHEALTH INC- QTRLY LOSS PER SHARE $1.12

Source text for Eikon:  ID:nPn5RjJFta 
Further company coverage:  GOCO.O 

 ((Reuters.Briefs@thomsonreuters.com;))