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Article: Universal American Corp. Reports Fourth Quarter and Year Ended 2008 Results and Reaffirms 2009 Guidance.(Company overview)(Financial report)
- Article from:
- Biotech Week
- Article date:
- March 4, 2009
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Universal American Corp. (NYSE: UAM) announced financial results for the quarter and year ended December 31, 2008. Fourth Quarter 2008 Highlights Net income was $63.9 million, or $0.75 per share, including net realized losses of $3.4 million, or $0.04 per share, and goodwill impairment of $3.9 million, or $0.05 per share (see also Universal American Corp.).
Revenues increased to $1.1 billion. Full Year 2008 Highlights Net income was $95.1 million, or $1.08 per share, including net realized losses of $38.8 million, or $0.44 per share, and goodwill impairment of $3.9 million, or $0.05 per share.
Revenues increased to $4.7 billion. Reaffirm 2009 Guidance ...