eHealth, Inc. (EHTH) Tops Q3 EPS by 2c

eHealth, Inc. (NASDAQ: EHTH) reported Q3 GAAP EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $41.2 million versus the consensus estimate of $41.4 million.

eHealth, Inc. sees FY2014 non-GAAP EPS of $0.30-$0.43, versus the consensus of $0.04. eHealth, Inc. sees FY2014 revenue of $185-194 million, versus the consensus of $188.2 million.

Gary Lauer, chief executive officer of eHealth stated, "Our Medicare and ancillary product businesses continued to grow at a strong pace, while revenues in our individual family plan business declined outside of the healthcare reform Open Enrollment Period. During the quarter, we generated operating cash flows of $11.0 million and strong annual growth in net income, reflecting careful expense management and reduced marketing costs in our individual and family plan business."

For earnings history and earnings-related data on eHealth, Inc. (EHTH) click here.

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