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Molina Healthcare Reports $251 Million Quarterly Profit
By USinMinutes - Feb 05, 2025, 04:19 PM ET
Last Updated - Feb 06, 2025, 02:16 AM EST
The company records $10.5 billion revenue for Q4 ended Dec 31, 2024
MOLINA HEALTHCARE, INC. [MOH] reported $251 million profit for Q4 ended Dec 31, 2024, showing a decrease of $928 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 5, 2025 that it generated revenue of $10.5 billion for the period, showing a decrease of $29.9 billion in the same quarter of the previous year.
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Based in Long Beach, California, the company reported $4.4 earnings per share for the period, compared to $20.4 in the last quarter.
The company's profit decreased by 78.74% from $1.2 billion in the last quarter.
The revenue decreased 15.98% from $9 billion in the same quarter of the previous year.
317.01 (5.10)
As of February 5, 2025 end of day trading.
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