Sri Jayawardenepura Kotte

GoHealth Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Thursday, March 14, 2024

CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.
  • The percentage of revenue earned from non-agency sales in the fourth quarter was 60% of Medicare revenue, compared to 26% in 2022.
  • Fourth quarter 2023 net revenues were $276.7 million, compared to $69.4 million in the prior year period.
  • Fourth quarter 2023 net loss was $2.3 million and Adjusted EBITDA1 was $57.0 million, improvements of 98.5% and 160.1%, respectively, compared to the prior year period.

GoHealth Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

CHICAGO, Nov. 9, 2023 /PRNewswire/ -- GoHealth, Inc. (NASDAQ: GOCO) ("GoHealth" or the "Company"), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • CHICAGO, Nov. 9, 2023 /PRNewswire/ -- GoHealth, Inc. (NASDAQ: GOCO) ("GoHealth" or the "Company"), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three and nine months ended September 30, 2023.
  • Third quarter 2023 net revenues of $132.0 million, compared to $133.1 million in the prior year period; YTD 2023 net revenues of $458.0 million, a decrease of $104.3 million compared to $562.3 million in the prior year period.
  • Third quarter 2023 Submissions of 161,550, a 31% improvement compared to 122,964 Submissions in the prior year period.
  • Third quarter 2023 performance reflects investments made in advance of the 2023 Annual Enrollment Period, which began on October 15.

GoHealth Reports Fourth Quarter and Fiscal 2022 Results

Retrieved on: 
Thursday, March 16, 2023

GoHealth, Inc. (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results and select operating metrics for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • GoHealth, Inc. (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results and select operating metrics for the fourth quarter and year ended December 31, 2022.
  • Fourth quarter 2022 net revenue of $69.4 million, net loss of $150.7 million, and Adjusted EBITDA1 of negative $94.8 million.
  • Full year 2022 net revenue of $631.7 million, net loss of $376.4 million, and Adjusted EBITDA1 of negative $129.8 million.
  • Excluding the Lookback Adjustments, fourth quarter 2022 net revenue was $335.8 million and full year 2022 net revenue was $907.4 million.

SI GROUP APPOINTS RUSTOM JILLA AS NEW CHIEF FINANCIAL OFFICER

Retrieved on: 
Tuesday, January 4, 2022

SCHENECTADY, N.Y., Jan. 4, 2022 /PRNewswire/ -- SI Group, a leading performance additives company, announced today the appointment of Rustom Jilla as its Senior Vice President and Chief Financial Officer, effective immediately. Jilla succeeds Patrick Weinberg, who previously held the CFO position with SI Group.

Key Points: 
  • SCHENECTADY, N.Y., Jan. 4, 2022 /PRNewswire/ --SI Group, a leading performance additives company, announced today the appointment of Rustom Jilla as its Senior Vice President and Chief Financial Officer, effective immediately.
  • Jilla comes to SI Group with nearly 20 years of experience as the CFO of public and private equity-backed global manufacturing and distribution businesses.
  • Jilla will be responsible for overseeing SI Group's global financial operations, including finance, accounting, treasury, financial planning and analysis, and tax.
  • "Rustom is a seasoned executive with extensive international experience, financial expertise, and outstanding leadership qualities," said David Bradley, President and CEO at SI Group.

SI GROUP APPOINTS RUSTOM JILLA AS NEW CHIEF FINANCIAL OFFICER

Retrieved on: 
Tuesday, January 4, 2022

SCHENECTADY, N.Y., Jan. 4, 2022 /PRNewswire/ -- SI Group, a leading performance additives company, announced today the appointment of Rustom Jilla as its Senior Vice President and Chief Financial Officer, effective immediately. Jilla succeeds Patrick Weinberg, who previously held the CFO position with SI Group.

Key Points: 
  • SCHENECTADY, N.Y., Jan. 4, 2022 /PRNewswire/ --SI Group, a leading performance additives company, announced today the appointment of Rustom Jilla as its Senior Vice President and Chief Financial Officer, effective immediately.
  • Jilla comes to SI Group with nearly 20 years of experience as the CFO of public and private equity-backed global manufacturing and distribution businesses.
  • Jilla will be responsible for overseeing SI Group's global financial operations, including finance, accounting, treasury, financial planning and analysis, and tax.
  • "Rustom is a seasoned executive with extensive international experience, financial expertise, and outstanding leadership qualities," said David Bradley, President and CEO at SI Group.