![](https://investorshub.advfn.com/uicon/65709.png?cb=1541673815)
Sunday, October 26, 2008 12:08:22 PM
operating results for the quarter ended June 30, 2008. Consistent with the Company’s most recent guidance, operating
revenues totaled $2.98 billion for the quarter with net earnings of $83.2 million, or $0.55 per diluted share.
Second Quarter Highlights
· Company-wide revenue increased 27.7% from the prior year quarter
· Medicare Advantage and Part D sequential enrollment growth totaling 74,000 members
· Continued steady growth in small group commercial and individual membership
· Specialty Business Division revenue growth of 15% sequentially and 30% year over year
o Dental capability added to the product portfolio during the quarter
· Share repurchase activities
o 1.0 million shares repurchased during the quarter, bringing total share repurchases through June 30, 2008 to
4.2 million shares
o Additional share repurchase authority obtained during the quarter, increasing the remaining outstanding
repurchase authority to 9.9 million shares as of June 30, 2008
o The Company plans to continue to deploy free cash to repurchase its shares throughout the remainder of 2008
http://www.coventryhealthcare.com/web/groups/public/@cvty_corporate_chc/documents/pressrelease/c002616.pdf
Click here to visit:
Disclaimer: http://investorshub.advfn.com/boards/irp.aspx?userid=65709
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM