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CORRECTED-Health insurer Centene's quarterly profit rises nearly 40 pct
October 24, 2017 / 10:13 AM / a month ago

CORRECTED-Health insurer Centene's quarterly profit rises nearly 40 pct

(Corrects headline and first paragraph to “nearly 40 pct”, from “10 pct”)

Oct 24 (Reuters) - Health insurer Centene Corp reported a nearly 40 percent rise in quarterly profit as it added more members.

Centene, which primarily focuses on government-sponsered health plans, said net earnings attributable rose to $205 million, or $1.16 per share, in the third quarter ended Sept. 30, from $147 million, or 84 cents per share, a year earlier.

The company’s total revenue rose to $11.90 billion from $10.85 billion. (Reporting by Ankur Banerjee in Bengaluru; Editing by Maju Samuel)

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