Clover Health records $759 million in Q3 revenue, projected to achieve first annual GAAP net profit
GH Guardant Health Inc
$150.87 -1.67%
View chart & analysis → - 1Clover Health recorded $759 million in revenue for the third quarter.
- 2Clover Health achieved a nearly 50% year-over-year growth in membership during the first nine months.
- 3Clover Health expects to achieve its first annual GAAP net profit this year.
So what's the key point?
Clover Health generated $759 million in revenue in the third quarter. With a significant increase in membership, the company is expected to report its first annual profit this year.
Source The Motley Fool +1 · View original ↗
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