CHICAGO (AP) — CHICAGO (AP) — GoHealth, Inc. A (GOCO) on Thursday reported fourth-quarter net income of $25.5 million.
On a per-share basis, the Chicago-based company said it had net income of $1.56. Earnings, adjusted to extinguish debt and for non-recurring costs, were $2.41 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The company posted revenue of $389.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $319 million.
For the year, the company reported a loss of $2.9 million, or 66 cents per share. Revenue was reported as $798.9 million.
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