SelectQuote Inc. (SLQT), a Kansas-based insurance service firm, Thursday reported a narrower loss in the fourth quarter despite improved revenue, which was weighed down by higher losses in operations. The net loss amounted to $3.89 million or $0.02 per share, compared to a loss of $31.02 million or $0.18 per share, last year. The total Adjusted EBITDA improved to $26.50 million from $36.00 million in the prior year. The revenue of the firm rose to $345.10 million from $307.21 million a year ago, mainly backed by increased revenue from pharmacy of $210.60 million from last year's $144.55 million. Looking ahead to the new financial year 2026, the company gives a fresh outlook, with revenue expected in the range of $1.650 billion to $1.750 billion.
Analysts, on average, estimate revenue of $1.7 billion for the same period. Meanwhile, the expected adjusted EBITDA is in the range of $120 million to $150 million for the next year. Currently, the SLQT shares are trading at $2.49, up 36.06 percent on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.