eHealth (EHTH) Tops Q2 EPS by 21c, Revenues Beat; Raises FY20 EPS/Revenue Guidance Above Consensus

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eHealth, Inc. Announces Second Quarter 2020 Results

July 23, 2020 4:10 PM EDT

SANTA CLARA, Calif., July 23, 2020 /PRNewswire/ -- eHealth, Inc. (NASDAQ: EHTH), a leading private online health insurance marketplace, announces today its financial results for the second quarter ended June 30, 2020.

Scott Flanders, chief executive officer of eHealth stated, "eHealth delivered another quarter of strong revenue and Medicare enrollment growth. The number of second quarter Medicare approved members grew ahead of our expectations driven by favorable market dynamics, growth in online enrollments and an increase in agent productivity compared to a year ago.  Importantly, this enrollment growth was achieved... More