Shares of UnitedHealth Group Inc. surged Tuesday after the health insurer swung to a large first-quarter loss but reported an adjusted profit that beat expectations by a wide margin amid strength ...
UnitedHealth's stock jumped 7% after beating Q1 expectations with revenue growth of 8.6% YoY and adjusted EPS of $6.91. The company's managed care business holds a 36.4% market share and is ...
UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance. The health care giant also said ...
UnitedHealth Group on Tuesday reported better-than-expected revenue for the first quarter. The company is still dealing with the fallout from a cyberattack on its subsidiary Change Healthcare.
Revenue: US$52.4m (down 4.0% from 1Q 2023). Net income: US$14.0m (down 23% from 1Q 2023). Profit margin: 27% (down from 33% in 1Q 2023). The decrease in margin was primarily driven by higher expenses.
FILE – Pages from the United Healthcare website are displayed on a computer screen, Feb. 29, 2024, in New York. UnitedHealth Group trounced first-quarter expectations even as costs from a ...