SelectQuote, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 07, 2024 at 07:30 am EST
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SelectQuote, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was USD 405.44 million compared to USD 319.19 million a year ago. Net income was USD 19.39 million compared to USD 22.51 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.14 a year ago.
For the six months, revenue was USD 638.17 million compared to USD 481.67 million a year ago. Net loss was USD 11.66 million compared to USD 19.97 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.12 a year ago.
SelectQuote Inc. is a technology-enabled, direct-to-consumer (DTC) distribution and engagement platform for insurance products and healthcare services. The Company operates through four business lines, which include SelectQuote Senior, which provides shopping platform for Medicare Advantage and Medicare Supplement insurance plans as well as prescription drug and dental, vision, and hearing plans, and critical illness products; SelectQuote Healthcare Services, which is comprised of the SelectRx Pharmacy, a specialized medication management pharmacy; SelectQuote Life segment that provides shopping platform for life insurance products such as term life, final expense, and other ancillary products like critical illness, accidental death, and juvenile insurance, and SelectQuote Auto & Home segment provides shopping platform for auto, home, and specialty insurance lines, as well as insurance products such as homeowners, auto, dwelling fire, and other ancillary insurance products.
SELECTQUOTE, INC. 
