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Clover Health Shares Are Up After Q2 Results
Clover Health Investments Corp. (NASDAQ:CLOV) shares are up after the company reported its second-quarter financial results Monday. Here's a look at the details from the report.
The Details: Clover Health reported quarterly earnings of 1 cent per share, beating the analyst consensus estimate of losses of 5 cents. Quarterly sales came in at $356.26 million, beating the $338.76 million estimate.
The company said insurance revenue during the second quarter grew by 11% year-over-year to $349.9 million, driven ...