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Magellan Health Inc (MGLN.OQ)

MGLN.OQ on NASDAQ Stock Exchange Global Select Market

79.85USD
21 Jul 2017
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$-0.20 (-0.25%)
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Latest Key Developments (Source: Significant Developments)

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

Magellan Health reports third quarter 2016 financial results
Wednesday, 9 Nov 2016 06:30am EST 

Magellan Health Inc : Magellan Health reports third quarter 2016 financial results . Magellan Health says raises 2016 guidance . Fy2016 earnings per share view $2.38, revenue view $4.77 billion -- Thomson Reuters I/B/E/S . Sees fy 2016 earnings per share $2.86 to $3.24 . Sees fy 2016 revenue $4.78 billion to $5.02 billion . Magellan Health says now expect revenue to be in range of $4.78 to $ 5.02 billion for 2016 . Magellan Health says as compared to updated segment profit guidance range for 2016, currently expect that "solid segment profit growth in 2017" . Q3 earnings per share $1.06 . Q3 revenue $1.3 billion versus I/B/E/S view $1.22 billion .Q3 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.  Full Article

Magellan Health Q2 adjusted EPS $0.58
Friday, 29 Jul 2016 06:30am EDT 

Magellan Health Inc : Revising 2016 guidance for cash flow from operations to a range of $104 million to $135 million, due to acquisition of afsc . Magellan health reports second quarter 2016 financial results . Q2 earnings per share $0.16 . Q2 revenue $1.16 billion versus I/B/E/S view $1.15 billion . Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Sees 2016 adjusted earnings per share $3.45 to $4.22 . Sees 2016 earnings per share $1.99 to $2.77 . Now expect fy 2016 revenue to be in range of $4.76 to $5.00 billion . "compared to first half of 2016, we expect second half of year to produce stronger segment profit" .Fy2016 earnings per share view $2.84, revenue view $4.72 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Magellan Health to acquire Senior Whole Health

* Under terms of agreement, Magellan will acquire SWH, a privately held company, for approximately $400 million