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Centene revenues up 36% in Q1, Non-GAAP EPS up 35%; updates guidance

  • Centene (NYSE:CNC) Q1 results: Revenues: $6,953M (+35.5%); SG&A: $722M (+82.3%); Operating Income: $20M (-84.5%); Net Loss: ($16M) (-125.0%); Loss Per Share: ($0.13) (-125.0%); Non-GAAP EPS: $0.74 (+34.5%); CF Ops: $195M (+333.3%); Quick Assets: $3,436M (95.2%).
  • 2016 Guidance: Total Revenues: $39.0B - 39.8B; EPS: $2.45 - 2.80; Non-GAAP EPS: $4.00 - 4.35.

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