BofA/Merrill Lynch Downgrades Health Insurance Innovations (HIIQ) to Neutral

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Health Insurance Innovations, Inc. Reports First Quarter 2015 Results

May 13, 2015 4:05 PM EDT

TAMPA, Fla., May 13, 2015 (GLOBE NEWSWIRE) -- Health Insurance Innovations, Inc. (HII) (Nasdaq: HIIQ), a leading developer, distributor, and virtual administrator of affordable health plans today announced financial results for the first quarter ended March 31, 2015. The Company will host a live conference call today, Wednesday, May 13, 2015 at 5:00 p.m. EDT.

First Quarter 2015 Consolidated Financial Highlights

Revenue was $22.5 million, an increase of 25.7% over $17.9 million in the first quarter of 2014. Total collections from customers, which our industry refers to as premium equivalents, was $38.3 million, an increase of 23.5% over... More