Revenue Update on eHealth(NASDAQ:EHTH)

eHealth(NASDAQ:EHTH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $37.28M. Analysts estimated a revenue of $37.93M. Earnings per share were $0.09. Analysts had estimated an EPS of $0.09.

eHealth (EHTH) shares turned negative on Thursdays trading session with the shares closing down -0.08 points or -0.88% at a volume of 1,78,617. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $9.17. The peak price level was also seen at $9.17 while the days lowest was $9. Finally the shares closed at $9.05. The 52-week high of the shares is $16.2584 while the 52-week low is $8.14. According to the latest information available, the market cap of the company is $165 M.

Several Insider Transactions has been reported to the SEC. On Dec 4, 2015, Stuart Huizinga (Sr. VP & CFO) sold 24,999 shares at $12.22 per share price.Also, On Jun 4, 2015, Gary L Lauer (Chr. of the Board and CEO) sold 99,999 shares at $12.59 per share price.On May 1, 2015, Scott N Flanders (director) sold 6,076 shares at $12.88 per share price, according to the Form-4 filing with the securities and exchange commission.

eHealth Inc. offers an online source of health insurance for individuals families and small businesses. The Company offers a private health insurance exchange where individuals families and small businesses can compare health insurance products from various insurers and purchase and enroll in coverage online. It offers a range of individual family and small business health plans underwritten by the health insurance companies through its Website addresses and and customer care centers. Its e-commerce technology delivers consumers’ health insurance applications electronically to health insurance carriers. The plans it offers preferred provider organization health maintenance organization and indemnity plans Medicare related health insurance plans short-term medical insurance student health insurance and dental and vision insurance among others.

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