GoHealth, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 07:01 am EDT
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GoHealth, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 142.78 million compared to USD 158.65 million a year ago. Net loss was USD 28.94 million compared to USD 43.82 million a year ago. Basic loss per share from continuing operations was USD 3.27 compared to USD 5.28 a year ago.
For the six months, sales was USD 325.94 million compared to USD 429.25 million a year ago. Net loss was USD 38.12 million compared to USD 57.3 million a year ago. Basic loss per share from continuing operations was USD 4.41 compared to USD 7.14 a year ago.
GoHealth, Inc. is a medicare-focused digital health company that operates a health insurance marketplace. The Company primarily offers Medicare plans, including, Medicare Advantage, Medicare Supplement and prescription drug plans. Its technology platform leverages modern machine-learning algorithms powered by insurance behavioral data to reimagine the optimal process for helping consumers find the health plan for their specific needs. Its Medicare Advantage offerings include Special Needs Plans (SNPs). SNPs are special kinds of Medicare Advantage plans that have benefits covering special health care or financial needs. Its Marketplace technology features decision support tools and integrates with health plan partner enterprise systems, enabling agents to quickly select the right health insurance plan for each consumer based on their specific needs and enroll them in those plans. It offers Encompass Connect and Encompass Engage services to its health plan partners.
GOHEALTH, INC. 
