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Ehealth blows past estimates

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NASDAQ:EHTH   eHealth, Inc.
Earnings
In a preliminary basis, eHealth (NASDAQ:EHTH) expects the following results for Q4:
Revenue: $$257.5M - 259.5M versus consensus of $194.9M. Medicare segment: $239.0M - 240.5M.
Net income: $53.0M - 55.0M.
Non-GAAP EBITDA: $98.5M - 100.5M.
Medicare membership up 88%. Medicare Advantage membership up 100%.
Major medical individual and family plan membership up 1%.
2019: Revenue: $462.0M - 464.0M from $365.0M - 385.0M. Medicare segment: $403.5M - 405.0M from $318.0M - 333.0M.
Net income: $31.0M - 33.0M from $20.9M - 25.9M; non-GAAP EBITDA: $89.0M - 91.0M from $65.0M - 70.0M.



Average analysts target price $134 - BUY
Short interest 17.86%
Company profile
eHealth, Inc. engages in the provision of Internet-based health insurance agency services for individuals, families, and small businesses. It operates through the Medicare and Individual, Family, and Small Business segment. The Medicare segment consists primarily of commissions earned from sale of Medicare-related health insurance plans. The Individual, Family, and Small Business segment includes commissions earned from the sale of individual and family and small business health insurance plans and ancillary products sold to non-Medicare-eligible customers. The company was founded by Vipool Mohanlal Patel in November 14, 1997 and is headquartered in Mountain View, CA.

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