Clover Health Investments Q2 Sales $513.63M Beat $490.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clover Health Investments (NASDAQ:CLOV) reported Q2 sales of $513.63 million, beating the analyst consensus estimate of $490.82 million by 4.65 percent. However, this represents a 39.34 percent decrease compared to the same period last year.
August 08, 2023 | 8:08 pm
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Clover Health's Q2 sales exceeded estimates but are significantly lower than last year's figures.
While Clover Health beat the Q2 sales estimates, the significant YoY decrease could be a concern for investors. This mixed result makes the short-term impact on the stock price uncertain.
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IMPORTANCE 80
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