Magellan Health (MGLN) Tops Q3 EPS by 8c, Revenues Beat; Lowers FY18 EPS Guidance Below Consensus, Affirms FY18 Revenue Outlook

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Go back to Magellan Health (MGLN) Tops Q3 EPS by 8c, Revenues Beat; Lowers FY18 EPS Guidance Below Consensus, Affirms FY18 Revenue Outlook

Magellan Health Reports Third Quarter 2018 Financial Results

November 7, 2018 6:30 AM EST

Lowers 2018 Earnings Guidance

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Magellan Health, Inc. (NASDAQ: MGLN) today announced financial results for the third quarter ended September 30, 2018, as summarized below:

Three Months Ended Nine Months Ended September 30 September 30 (In millions, except per share amounts) 2018 2017 Chg 2018 2017 Chg Net revenue $ 1,853.5 $ 1,419.4 30.6 % $ 5,469.5 $ 4,144.2 32.0 % Net income $ 27.1 $ 32.5 -16.4 % $... More