Magellan Health (MGLN) Misses Q1 EPS by 15c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Above Consensus, Lowers FY19 Revenue Views Below Consensus

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Magellan Health Reports First Quarter 2019 Financial Results

May 2, 2019 6:30 AM EDT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Magellan Health, Inc. (NASDAQ: MGLN) today announced financial results for the first quarter ended March 31, 2019, as summarized below:

Three Months Ended March 31 (In millions, except per share amounts)

2019

2018

Chg

Net revenue $ 1,739.5 $ 1,805.1 -3.6 % Net income $ 0.4 $... More