eHealth, Inc. Announces Fourth Quarter and Fiscal Year 2021 Results
eHealth, Inc. (EHTH) announced its financial results for Q4 and fiscal year 2021, highlighting key metrics. Revenue for the fourth quarter was $40 million, marking a 5% decline year-over-year, while total revenue for the fiscal year was $150 million, down 10%. The company processed 1.3 million applications, up 7% compared to the previous year. Despite the decline in revenue, eHealth emphasizes its strong membership growth and plans for technological enhancements to improve user experience.
- Membership applications grew by 7%, reaching 1.3 million.
- Plans for technological improvements to enhance user experience.
- Q4 revenue decreased by 5% year-over-year to $40 million.
- Total revenue for fiscal year 2021 dropped by 10% to $150 million.
SANTA CLARA, Calif., March 1, 2022 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2021. View the full press release in PDF.
The news release and earnings presentation can be accessed on the eHealth Investor Relations website at https://ir.ehealthinsurance.com.
Webcast and Conference Call Information
A webcast and conference call will be held today, Tuesday, March 1, 2022 at 8:30 a.m. Eastern / 5:30 a.m. Pacific Time. The live webcast and supporting presentation slides will be available on the Investor Relations section of eHealth's website at http://ir.ehealthinsurance.com. Individuals interested in listening to the conference call may do so by dialing (877) 930-8066 for domestic callers and (253) 336-8042 for international callers. The participant passcode is 7376355. A telephone replay will be available two hours following the conclusion of the call for a period of seven days and can be accessed by dialing (855) 859-2056 for domestic callers and (404) 537-3406 for international callers. The call ID for the replay is 7376355. The live and archived webcast of the call will also be available on eHealth's website at http://www.ehealthinsurance.com under the Investor Relations section.
About eHealth, Inc.
eHealth, Inc. (NASDAQ: EHTH) operates a leading health insurance marketplace at eHealth.com and eHealthMedicare.com with technology that provides consumers with health insurance enrollment solutions. Since 1997, we have connected more than 8 million members with quality, affordable health insurance, Medicare options, and ancillary plans. Our proprietary marketplace offers Medicare Advantage, Medicare Supplement, Medicare Part D prescription drug, individual, family, small business and other plans from over 200 health insurance carriers across fifty states and the District of Columbia.
Investor Relations Contact:
Kate Sidorovich, CFA
Senior Vice President, Investor Relations & Strategy
650-210-3111
Kate.sidorovich@ehealth.com
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SOURCE eHealth, Inc.
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