eHealth, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2024, on February 26, 2025. For Q4 2024, the company reported earnings of $97.5 million, or $2.51 per share, with adjusted earnings of $2.32 per share. Revenue for the quarter was $315.2 million.
For the full fiscal year 2024, eHealth reported a profit of $10.1 million, or $1.19 per share, marking a significant return to GAAP net income profitability from a net loss of $28.21 million in 2023. Total revenue for 2024 reached $532.4 million, an 18% increase year-over-year.
Adjusted EBITDA for 2024 surged to $69.3 million, an increase of $55.2 million from the prior year, achieving a robust 13% margin compared to 3% in 2023. This strong performance was driven by a 38% growth in Medicare submissions and a 23% improvement in acquisition costs per approved Medicare member.
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