UnitedHealth's revenue in Q2 at $98.9B, up 6% - Breaking The News

UnitedHealth's revenue in Q2 at $98.9B, up 6%

16 July

1 min read

EPA/JUSTIN LANE

UniteHealth Group Inc. announced on Tuesday that its revenue in the second quarter of fiscal 2024 grew 6% year over year to reach $98.9 billion.

In the three months ending June 30, net earnings attributable to the company's common shareholders stood at $4.2 billion or $4.54 per diluted share, sliding 24% compared to the same timeframe in 2023. UnitedHealth sees full-year 2024 diluted earnings per share at between $15.95 and $16.40.

"The diversified, durable growth across UnitedHealth Group stems from our colleagues’ commitment to ensuring high-quality, affordable care is available to the people we serve, and positions us well for the near and long-term," CEO Andrew Witty said.

The company's stock rose 1.84% in the premarket after the release of the report.

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