GoHealth, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 06:16 am EST
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GoHealth, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 132.04 million compared to USD 133.05 million a year ago. Net loss was USD 23.91 million compared to USD 30.01 million a year ago. Basic loss per share from continuing operations was USD 2.61 compared to USD 3.41 a year ago.
For the nine months, sales was USD 457.97 million compared to USD 562.3 million a year ago. Net loss was USD 62.03 million compared to USD 87.31 million a year ago. Basic loss per share from continuing operations was USD 7.04 compared to USD 10.54 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. 
