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
The U.S. Department of Justice filed a false Claims Act complaint against SelectQuote, alleging illegal kickbacks and discriminatory practices in Medicare insurance plan referrals from 2016 to 2021, causing the company's stock to drop 19.24%.
Law Offices of Frank R. Cruz reminds investors of an upcoming lawsuit deadline against SelectQuote for alleged securities fraud involving illegal Medicare insurance kickbacks and misleading investors between September 2020 and May 2025.
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 t...
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