GoHealth reports Q3 EPS ($11.80) vs. 46c last year

Reports Q3 revenue $34.2M vs. $118.3M last year. The company said, “The Company navigated a materially different Medicare Advantage environment by intentionally reducing Medicare Advantage volume, conserving liquidity, and preserving the core capabilities required to scale when market conditions stabilize. Based on our analysis, health plans continue to emphasize margin integrity, renewal stability, and long-term member value over raw enrollment growth. GoHealth (GOCO) anticipated this shift and aligned its operating model accordingly, focusing on: Disciplined Pullback: Intentionally reduced Medicare Advantage volume in response to announced health plan emphasis on renewal stability, member quality, and unit economics. Retention-First Strategy: Reinforcing objective guidance-confirming a member’s current plan when appropriate-protecting the quality and durability of the member base. Leadership in Special Needs Plans: Maintaining a leading position in SNP categories where health plans continue to allocate resources. Preserved Strategic Capabilities: Sustaining the core infrastructure required to lead when conditions stabilize, including agent enablement technology, retention operations, and back-book value. Strengthened Strategic Flexibility: Secured superpriority term loan facility, received covenant relief, and refreshed the Company’s Board of Directors to enable potential integration and consolidation opportunities in a fragmented broker landscape.”