Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Clover Health (CLOV) Q2 Sales Up 34%


Clover Health Investments (NASDAQ:CLOV), a technology-focused Medicare Advantage insurer, reported its Q2 2025 results on August 5, 2025. The most notable news was robust revenue growth, with GAAP sales climbing to $477.6 million—surpassing analyst expectations of $468.3 million (GAAP). However, profitability metrics (GAAP and non-GAAP) weakened compared to Q2 2024. The company posted a net loss per share of $(0.02) (GAAP), GAAP EPS was a $(0.02) loss, swinging from a $0.01 profit in the previous year, and reported an insurance benefits expense ratio (BER) of 88.4% (non-GAAP). While revenue gains (GAAP) and Medicare Advantage membership growth were strong, rising medical costs significantly pressured margins, making this a mixed quarter overall.

Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.

Clover Health operates as a Medicare Advantage (MA) insurer, using technology to help doctors improve care for seniors. Its main offering is the Clover Assistant, a digital clinical support platform that provides data-driven recommendations to physicians. The company markets plans primarily in underserved regions, focusing on affordability and accessibility for Medicare-eligible individuals.

Continue reading


Source Fool.com

Like: 0
Share

Comments