SelectQuote Reaffirms $60 Million Fiscal 2027 Operating Cash Flow Target and Proposes Reverse Stock Split
SelectQuote (SLQT) reported first-quarter fiscal 2027 results that exceeded both internal forecasts and Wall Street estimates for EBITDA and operating cash flow. Despite reporting an adjusted EBITDA loss of $17 million, management noted this performance was a significant improvement over previous expectations. In addition to the earnings update, the company is seeking shareholder approval for a reverse stock split. Looking ahead, SelectQuote has reiterated its long-term financial guidance, maintaining a target of more than $60 million in operating cash flow for fiscal year 2027.
Tickers: $SLQT
Topics: earnings report EBITDA financial performance operating cash flow
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