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Magellan Health: 2Q Earnings Snapshot

July 30, 2019

SCOTTSDALE, Ariz. (AP) _ Magellan Health Inc. (MGLN) on Tuesday reported second-quarter net income of $13.6 million.

The Scottsdale, Arizona-based company said it had profit of 56 cents per share. Earnings, adjusted for one-time gains and costs, were 86 cents per share.

The healthcare management business posted revenue of $1.79 billion in the period.

Magellan Health shares have climbed 19% since the beginning of the year. The stock has fallen almost 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGLN at https://www.zacks.com/ap/MGLN

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