eHealth (EHTH) Incurs Q2 Loss on Weak Employer and Individual Unit
eHealth(EHTH) ZACKS·2024-08-09 02:36
eHealth, Inc. (EHTH) incurred a second-quarter 2024 adjusted loss of $1.09 per share, wider than the Zacks Consensus Estimate of a loss of 71 cents per share and the prior-year quarter's loss of $1.05 per share. Revenues dipped 1% year over year to $65.9 million. The top line outpaced the consensus mark by 18%. The quarterly results suffered a blow due to an elevated expense level, particularly in marketing and advertising. The Employer and Individual segment saw decreased revenues and profit. Nevertheless, ...