Add as a preferred source on GoogleSelectQuote Reaffirms $60 Million Fiscal 2027 Cash Flow Target
SelectQuote reported a $17 million adjusted EBITDA loss for its fiscal first quarter. Management described the second quarter as its typical peak investment quarter.
SelectQuote kept its fiscal 2027 goal of generating at least $60 million in operating cash flow after CEO Timothy Danker said first-quarter EBITDA and operating cash flow exceeded forecasts.
The company reported an adjusted EBITDA loss of $17 million for the fiscal first quarter. Danker said, “We outperformed both our internal forecast and Street estimates for both EBITDA and operating cash flow.”
Management described the second quarter as SelectQuote’s typical peak investment quarter.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.