Magellan Health (MGLN) Tops Q2 EPS by 14c
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Magellan Health Reports Second Quarter 2015 Financial Results
July 27, 2015 6:30 AM EDTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Magellan Health, Inc. (NASDAQ: MGLN) today reported financial results for the second quarter of 2015, as summarized below. The company reported net revenue of $1,157.6 million, segment profit of $53.2 million, and net income of $4.6 million, or $0.17 per diluted share. In addition, the company reported adjusted net income of $14.7 million and adjusted earnings per share of $0.56.
Second Quarter Financial Results*
  ÂThree Months EndedJune 30
ÂSix Months EndedJune 30
(Millions, except per share results)
   2015   2014 ÂIncrease/(Decrease)
 2015   2014 ÂIncrease/(Decrease)
       Net Revenue $ 1,157.6 $ 888.0 30.4 % $ 2,138.6 $ 1,854.5 15.3 %Segment Profit*
53.2 45.0 18.2 %... More