eHealth Earnings: Here’s Why Investors are Excited Now

eHealth, Inc. (NASDAQ:EHTH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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eHealth, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 70% to $0.17 in the quarter versus EPS of $0.10 in the year-earlier quarter.

Revenue: Rose 16.53% to $43.21 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: eHealth, Inc. reported adjusted EPS income of $0.17 per share. By that measure, the company beat the mean analyst estimate of $0.1. It beat the average revenue estimate of $41.54 million.

Quoting Management: Gary Lauer, chief executive officer of eHealth, stated, “We are pleased with our first quarter performance highlighted by revenue growth of 17%, the second consecutive quarter of commission revenue growth in our Individual & Family plan business, and meaningful Medicare business revenue contribution.”

Key Stats (on next page)…

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