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Magellan Health Inc (MGLN.O)

MGLN.O on Nasdaq

82.33USD
10:49am EDT
Change (% chg)

$0.33 (+0.40%)
Prev Close
$82.00
Open
$82.00
Day's High
$82.40
Day's Low
$81.95
Volume
6,828
Avg. Vol
138,727
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$84.71
52-wk Low
$49.50

Latest Key Developments (Source: Significant Developments)

Magellan Health priced public offering of $400 mln aggregate principal amount of 4.4 pct senior notes due 2024 - SEC Filing
Monday, 18 Sep 2017 05:35pm EDT 

Sept 18 (Reuters) - Magellan Health Inc :Magellan Health Inc - On Sept 15, 2017, priced public offering of $400.0 million aggregate principal amount of 4.400% senior notes due 2024 - SEC Filing.  Full Article

Magellan Health qtrly earnings per share $ 0.23
Friday, 28 Jul 2017 06:30am EDT 

July 28 (Reuters) - Magellan Health Inc :Magellan Health reports second quarter 2017 financial results.Q2 revenue $1.4 billion versus I/B/E/S view $1.39 billion.Qtrly adjusted earnings per share $ 0.59.Qtrly earnings per share $ 0.23.Sees 2017 net revenue $5,795.0 million - $ 6,095.0 million.Sees 2017 earnings per share $ 3.72 - $ 4.71.Sees 2017 adjusted earnings per share $ 5.08 - $ 5.99.Q2 earnings per share view $1.16 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $5.44, revenue view $5.78 billion -- Thomson Reuters I/B/E/S.  Full Article

Magellan Health to acquire Senior Whole Health
Thursday, 13 Jul 2017 06:30am EDT 

July 13 (Reuters) - Magellan Health Inc ::Magellan Health to acquire Senior Whole Health.Under terms of agreement, Magellan will acquire SWH, a privately held company, for approximately $400 million.Magellan Health Inc - Magellan anticipates paying purchase price from proceeds of new debt offerings.Magellan Health Inc - ‍magellan anticipates paying purchase price from proceeds of new debt offerings​.Magellan Health Inc - Magellan expects full year 2017 revenue for swh of approximately $1 billion and segment profit of approximately $60 million.Says ‍agreement is inclusive of a $10 million contingent payment​.  Full Article

Magellan Health affirms its 2017 guidance
Wednesday, 21 Jun 2017 06:30am EDT 

June 21 (Reuters) - Magellan Health Inc ::Company affirms its 2017 guidance.  Full Article

Magellan Health Q1 earnings per share $0.74
Wednesday, 26 Apr 2017 06:30am EDT 

April 26 (Reuters) - Magellan Health Inc ::Magellan Health reports first quarter 2017 financial results.Q1 revenue $1.3 billion versus I/B/E/S view $1.35 billion.Qtrly adjusted earnings per share $1.09.Qtrly earnings per share $0.74.Qtrly net revenue $1.31 billion versus $1.12 billion.Says company is reiterating its 2017 annual guidance.Q1 earnings per share view $0.97 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $5.38, revenue view $5.86 billion -- Thomson Reuters I/B/E/S.  Full Article

Magellan health CEO Barry Smith's FY 2016 total compensation was $7.45 mln
Wednesday, 12 Apr 2017 11:13am EDT 

Magellan Health Inc :CEO Barry Smith's FY 2016 total compensation was $7.45 million versus $6.2 million - sec filing.  Full Article

SonoScape Medical's shares to debut trade on April 6 in Shenzhen
Tuesday, 4 Apr 2017 11:26pm EDT 

SonoScape Medical Corp :Says shares to debut trade on April 6 in Shenzhen.  Full Article

Magellan Health reports Q4 earnings per share $1.50
Friday, 24 Feb 2017 06:30am EST 

Magellan Health Inc : Magellan Health reports fourth quarter 2016 and full year financial results . Qtrly adjusted earnings per share $ 1.80 . Reiterating its 2017 guidance . Qtrly earnings per share $1.50 . Qtrly net revenue $1,263.4 million versus $1,268.7 million . Q4 earnings per share view $1.37, revenue view $1.33 billion -- Thomson Reuters I/B/E/S . Qtrly net revenue $1,263.4 million , down -0.4% . FY2017 earnings per share view $4.30 -- Thomson Reuters I/B/E/S . FY2017 revenue view $5.90 billion -- Thomson Reuters I/B/E/S . Magellan Health - based on updated estimate of average fully diluted shares of 24.2 million, revising 2017 EPS range to between $3.72 and $4.71 per share .Magellan Health - Based on updated estimate of average fully diluted shares of 24.2 million, revising 2017 adjusted EPS to between $5.08 and $5.99 per share.  Full Article

Magellan Health provides 2017 financial guidance
Tuesday, 22 Nov 2016 06:30am EST 

Magellan Health Inc : Sees FY 2017 revenue $5.8 billion to $6.1 billion . Magellan Health Inc - expects cash flow from operations in range of $186 million to $220 million in 2017 . Magellan Health Inc - with respect to 2016, company confirmed its guidance . Magellan Health Inc - veridicus acquisition is estimated to generate net revenues of approximately $220 million and segment profit of $9 million during 2017 . Magellan Health Inc - expect 2017 impact of veridicus to be dilutive by 11 cents on eps and accretive by 12 cents on adjusted eps . Sees FY 2017 adjusted earnings per share $5.19 to $6.12 . Fy2017 earnings per share view $3.60, revenue view $5.23 billion -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $2.89, revenue view $4.89 billion -- Thomson Reuters I/B/E/S . Magellan Health provides 2017 financial guidance .Sees FY 2017 earnings per share $3.80 to $4.81.  Full Article

Magellan Health to acquire Veridicus Holdings
Monday, 21 Nov 2016 06:30am EST 

Magellan Health Inc - : Magellan Health to acquire Veridicus Holdings, Llc . Deal for $74.5 million . Purchase price is $74.5 million to be paid at closing . Closing of transaction is expected before end of year and is not subject to Hart-Scott-Rodino Ac .Magellan health to acquire Veridicus Holdings, Llc.  Full Article

BRIEF-Magellan Health priced public offering of $400 mln aggregate principal amount of 4.4 pct senior notes due 2024 - SEC Filing

* Magellan Health Inc - On Sept 15, 2017, priced public offering of $400.0 million aggregate principal amount of 4.400% senior notes due 2024 - SEC Filing Source text: [http://bit.ly/2wqSl6U] Further company coverage: