SelectQuote rises on upbeat forecast, Q2 revenue

Selectquote

07/02/2023 13:10

** Shares of insurance products platform SelectQuote Inc
 SLQT.N  up 6.9% at $0.92 premarket  
    ** SLQT projects FY23 revenue to be between $910 mln and
$960 mln, the midpoint of which is higher than Street's ests of
$931.9 mln, according to Refinitiv data
    ** Co also posts Q2 revenue above ests; says it is very well
positioned to drive continued improvement in fiscal 2023 and
beyond
    ** Stock fell ~93% last year
 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))