ModivCare: Q2 Earnings Snapshot
DENVER (AP) — DENVER (AP) — ModivCare Inc. (MODV) on Wednesday reported a loss of $128.9 million in its second quarter.
On a per-share basis, the Denver-based company said it had a loss of $9.07. Losses, adjusted for one-time gains and costs, came to 3 cents per share.
The provider of government-sponsored social services posted revenue of $698.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $704 million.
ModivCare expects full-year revenue in the range of $2.7 billion to $2.9 billion.
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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 MODV at https://www.zacks.com/ap/MODV