WellCare Health Plans (WCG) Tops Q2 EPS by 83c
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WellCare Reports Second Quarter 2016 Results
August 2, 2016 6:15 AM EDTTAMPA, Fla., Aug. 2, 2016 /PRNewswire/ --Â WellCare Health Plans, Inc. (NYSE: WCG) today reported results for the quarter ended June 30, 2016. As determined under generally accepted accounting principles (GAAP), net income for the second quarter of 2016 was $90.8 million, or $2.04 per diluted share. Adjusted net income for the second quarter of 2016 was $99.5 million, or $2.23 per diluted share.
"WellCare's strong second quarter results reflect our continued focus on business fundamentals and demonstrates the progress we are making toward achieving our multi-year margin improvement and growth goals," said Kenneth A. Burdick, WellCare's chief executive... More
