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The latest update is out from Ehealth ( (EHTH) ).
eHealth, Inc. announced strong performance during the Annual Enrollment Period (AEP), which led to an updated guidance for the fiscal year 2024. The company’s successful enrollment growth and enhanced margins are attributed to increased demand for its services and successful transformation initiatives. The updated guidance includes increased revenue expectations, improved net income ranges, and higher adjusted EBITDA, highlighting eHealth’s strategic positioning in the Medicare market and its readiness to capture further growth opportunities.
More about Ehealth
eHealth, Inc. is a leading independent licensed insurance agency and advisor, operating as an online health insurance marketplace. It provides access to over 180 health insurers, aiding millions of Americans in finding affordable healthcare coverage. The company focuses on Medicare Advantage and Part D plan offerings, helping beneficiaries navigate their coverage options.
YTD Price Performance: -37.39%
Average Trading Volume: 152,192
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $161.8M
See more data about EHTH stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
