Clover Health Reports First Quarter 2022 Financial Results

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Clover Health Investments (CLOV) Q1 Revenue Tops Consensus

May 9, 2022 4:25 PM EDT

Clover Health Investments (NASDAQ: CLOV) reported revenue for the first quarter of $874.4 million versus the consensus estimate of $787.4 million.

GUIDANCE:

Clover Health Investments sees FY2022 revenue of $3-3.4 billion, versus the consensus of $3.24 billion.

Total revenues are expected to be in the range of $3.0 billion to $3.4 billion. This includes projected Insurance revenue of $1.0 billion to $1.1 billion and Non-Insurance revenue of $2.0 billion to $2.3... More