Welcome to our dedicated page for Selectquote news (Ticker: SLQT), a resource for investors and traders seeking the latest updates and insights on Selectquote stock.
SelectQuote Inc (SLQT) operates a leading technology-driven insurance distribution platform, providing consumers with unbiased comparisons across life, senior, and property insurance products. This news hub offers investors and industry observers centralized access to official updates and strategic developments from the commission-based innovator.
Track key announcements including quarterly earnings, carrier partnerships, and technology initiatives that shape the company's position in insurance markets. The curated news collection serves as a reliable resource for understanding operational milestones across SelectQuote's core segments: Senior, Healthcare Services, Life, and Auto & Home insurance.
Discover updates on leadership changes, regulatory compliance developments, and product expansion efforts that demonstrate SelectQuote's commitment to simplifying insurance access through its agent-supported platform. Content is rigorously verified to ensure accuracy and relevance for both professional analysts and casual observers.
Bookmark this page for streamlined access to SelectQuote's evolving business narrative. Check regularly for neutral, factual reporting on how the company continues leveraging technology to transform insurance shopping experiences while maintaining partnerships with highly-rated carriers.
SelectQuote (NYSE: SLQT) has announced a secondary public offering of 10,600,000 shares of common stock by certain stockholders, priced at $27.50 each. The offering includes a 30-day option for underwriters to purchase an additional 1,590,000 shares. Importantly, SelectQuote will not receive any proceeds, as all shares are sold by the Selling Stockholders, which include Brookside Equity Partners LLC. The offering is scheduled to close on March 8, 2021, pending customary conditions.
SelectQuote (NYSE: SLQT) announced a proposed registered secondary public offering of 10,600,000 shares of common stock by certain stockholders. The offering is being managed by underwriters such as Credit Suisse, Goldman Sachs, and Morgan Stanley, with a 30-day option to purchase an additional 1,590,000 shares. SelectQuote will not sell any shares nor receive any proceeds from the offering, which will not affect the total number of outstanding shares. A registration statement has been filed with the SEC but is not yet effective.
SelectQuote, Inc. (NYSE: SLQT) announced that CEO Tim Danker and CFO Raff Sadun will participate in a fireside chat at Citi’s 2021 Healthcare Services Conference on February 24, 2021, starting at 3:20 PM ET. They will also engage in one-on-one and small group meetings with investors. Founded in 1985, SelectQuote specializes in unbiased insurance comparisons, aiding consumers in choosing suitable policies through skilled agents and proprietary technology. The company's primary segments include SelectQuote Senior, SelectQuote Life, and SelectQuote Auto and Home.
SelectQuote, Inc. (NYSE: SLQT) has appointed Heidy Robertson-Cooper as Vice President of HealthCare Strategy. With a robust background in healthcare policy and value-based care, Robertson-Cooper aims to enhance SelectQuote's value-based care business. Previously with the American Academy of Family Physicians, she brings a wealth of experience in strategic planning and operations. Bob Grant, President of Senior Division, emphasized her capacity for operational improvement and program management will drive growth.
SelectQuote, Inc. (SLQT) reported a remarkable 103% increase in consolidated revenue for Q2 FY 2021, reaching $358.3 million, up from $176.3 million in Q2 FY 2020. Net income surged to $90.4 million, a $51.3 million rise compared to the previous year. Adjusted EBITDA also rose by 88% to $129.5 million. Notably, Senior revenue grew by 127% year-over-year, marking four consecutive quarters of over 100% growth. The company is raising its fiscal year 2021 guidance based on robust performance and agent productivity improvements, highlighting its strong growth potential.
SelectQuote, Inc. (NYSE: SLQT) has appointed Scott Dikeman as Vice President of Strategic Accounts, bringing extensive experience from Cerner. Dikeman will focus on expanding B2B opportunities in health care. His previous roles included leading Cerner's Venture Capital portfolio and business development for strategic partnerships. President Bob Grant emphasized that Dikeman's entrepreneurial spirit will be instrumental for growth in SelectQuote’s health care division. The company, established in 1985, specializes in offering unbiased comparisons for insurance consumers through highly-trained agents and advanced technology.
SelectQuote, Inc. (NYSE: SLQT) will announce its second quarter 2021 financial results after market close on February 8, 2021. CEO Tim Danker and CFO Raff Sadun will host a conference call at 5:00 pm ET to discuss the results. The company, founded in 1985, specializes in unbiased insurance comparisons and operates three primary business lines: SelectQuote Senior, SelectQuote Life, and SelectQuote Auto and Home. SelectQuote Senior is the largest segment, catering to a growing demographic of seniors with Medicare plans.
SelectQuote (NYSE: SLQT) has launched the beta version of its Medicare Plan Advisor, an online tool designed to assist consumers in selecting Medicare Advantage plans. This platform provides tailored information based on user location, medications, and doctors, enhancing the shopping experience for seniors who prefer digital options. SelectQuote emphasizes that the tool complements its licensed agents and is expected to increase customer satisfaction and retention. With 10,000 people turning 65 daily, this launch aligns with the upcoming Medicare Annual Election Period.
SelectQuote (NYSE: SLQT) announced participation in two upcoming virtual investor conferences. CEO Tim Danker and CFO Raff Sadun will engage in a fireside chat at the Credit Suisse Technology Conference on December 2, 2020, at 4:10 PM ET. They will also speak at the Piper Sandler Healthcare Conference on December 3, 2020, at 9:00 AM ET. These events aim to offer insights into SelectQuote's operations and market strategy. More details and live webcast registration are available on their Investor Relations website.
SelectQuote, Inc. has expanded its Medicare Advantage offerings by adding SCAN and Devoted Health to its carrier platform. This enhancement aims to support the upcoming Annual Enrollment Period from October 15 to December 7. SCAN, rated 4.5 stars for Medicare Advantage in California, and Devoted, which operates in Arizona, Florida, Ohio, and Texas, focus on quality and customer satisfaction. With over 1,000 trained agents, SelectQuote Senior is now positioned as a leading distributor in the Medicare market, catering to an aging population.
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