Electronic health record firm eHealth Technologies has posted results for its fiscal fourth quarter and 2018 results.
For the quarter (end-December 31, 2018), the company posted revenue of $134.9 million, up 62% compared with $83.1 million for the same period in 2017. Net income was $26.1 million, down 7% compared with $28 million for the fourth quarter of 2017.
For the year, eHealth's revenue totaled $251.4 million, a 32% increase compared with $190.7 million in 2017. Net income for the year dipped, however, from $25.4 million in 2017 to $200,000.
For 2019, eHealth expects revenues to range between $290 million and $310 million, it said.
