eHealth, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. Revenue for the first quarter of 2013 totaled $43.2 million, a 17% increase compared to revenue of $37.1 million for the first quarter of 2012. Commission revenue for the first quarter of 2013 totaled $38.3 million, a 22% increase compared to commission revenue of $31.5 million for the first quarter of 2012. Medicare revenue was $10.1 million for the first quarter of 2013, a 57% increase compared to Medicare revenue of $6.5 million for the first quarter of 2012. Operating income was $3.9 million for both the first quarters of 2013 and 2012. Operating margins were 9% and 11% in the first quarters of 2013 and 2012, respectively. Non-GAAP operating income for the first quarter of 2013 was $5.9 million, compared to $6.0 million for the first quarter of 2012. Non-GAAP operating margins were 14% and 16% in the first quarters of 2013 and 2012, respectively. EBITDA was $6.6 million for both the first quarters of 2013 and 2012. Pre-tax income was $3.9 million for both the first quarters of 2013 and 2012. Net income for the first quarter of 2013 was $2.4 million, or $0.11 per diluted share, compared to net income of $2.1 million, or $0.10 per diluted share for the first quarter of 2012. Non-GAAP net income for the first quarter of 2013 was $3.6 million, or $0.17 per diluted share, compared to non-GAAP net income of $3.5 million, or $0.17 per diluted share for the first quarter of 2012. Non-GAAP net income and non-GAAP net income per diluted share in the first quarter of 2013 exclude $1.6 million of stock-based compensation expense and $0.4 million of intangible asset amortization expense, less $0.8 million for related income tax benefit. Non-GAAP net income and non-GAAP net income per diluted share in the first quarter of 2012 exclude $1.6 million of stock-based compensation expense and $0.4 million of intangible asset amortization expense, less $0.7 million for related income tax benefit. Cash flow from operations was an outflow of $538,000 compared to an inflow from operations of $5.1 million in the first quarter of 2012. Purchases of property and equipment were $1.539 million against $0.203 million a year ago period. The company is reaffirming guidance for the full year ending December 31, 2013 based on information available as of April 25, 2013. Total revenue is expected to be in the range of $168 million to $174 million, EBITDA is expected to be in the range of $23 million to $29 million and Non-GAAP net income per diluted share is expected to be in the range of $0.61 to $0.71 per share.

eHealth, Inc. announced that they will report Q1, 2013 results on Apr 25, 2013

eHealth, Inc., Q1 2013 Earnings Call, Apr 25, 2013