SelectQuote, Inc. (SLQT)
SelectQuote, Inc. (SLQT) is a leading provider of insurance marketplace services, specializing in direct-to-consumer sales of life, health, and Medicare insurance products. The company offers insurance quotes, comparisons, and coverage options through its digital platforms and call center operations, helping consumers make informed insurance decisions.
Company News
Rosen Law Firm is investigating a potential securities class action against SelectQuote for allegedly misleading investors about its Medicare insurance plan practices between September 2020 and May 2025.
The Schall Law Firm is investigating potential securities law violations by SelectQuote related to a Department of Justice false Claims Act filing alleging illegal kickbacks in Medicare Advantage plan enrollments from 2016-2021.
SelectQuote, an insurance company, reported a net loss of $31 million in Q4 FY2024, missing analyst estimates by 31%. The company's FY2025 guidance for revenue, adjusted EBITDA, and net loss also fell short of expectations. While the stock is down over 91% since its IPO in 2020, the author would need to see better execution to get interested in the company.
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