Universal American (UAM) Misses Q3 EPS by 18c
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Universal American Corp. Reports 2015 Third Quarter Results
November 3, 2015 6:00 AM ESTWHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Universal American Corp. (NYSE: UAM) today announced financial results for the quarter ended September 30, 2015.
Results of Third Quarter 2015
Universal Americans reported net income for the third quarter of 2015 was $2.8 million, or $0.03 per share. Adjusted net loss for the third quarter of 2015 was $11.2 million, or $0.13 per share, which excludes the following after-tax items:
$5.7 million, or $0.07 per share, of losses associated with our Accountable Care Organization (ACO) business; $18.8 million, or $0.22 per share, of net... More