- Molina Healthcare press release ( NYSE: MOH ): Q2 Non-GAAP EPS of $4.55 beats by $0.18 .
- Revenue of $8.05B (+18.4% Y/Y) beats by $360M .
- As of June 30, 2022, the Company served approximately 5.1 million members, an increase of 422,000 members or 9% compared to June 30, 2021.
- Premium revenue was approximately $7.8 billion for the second quarter of 2022, an increase of 18% compared to the second quarter of 2021.
- The Company increased its full year 2022 premium revenue guidance to approximately $30 billion, above its previous guidance of approximately $29.25 billion.
- The Company increased its full year 2022 adjusted earnings guidance to at least $17.60 per diluted share, above its previous guidance of at least $17.10 per diluted share. Guidance includes the Company’s Marketplace business achieving modest profitability when excluding the 2021 risk adjustment payable true-up.
For further details see:
Molina Healthcare Non-GAAP EPS of $4.55 beats by $0.18, revenue of $8.05B beats by $360M