Bright Health reports Q3 EPS ($81.03), consensus ($3.53)

Reports Q3 revenue $269.4M, consensus $284.41M. “Bright Health’s solid 2023 performance continued in the Third Quarter, with our second consecutive quarter of positive Adjusted EBITDA. Excluding a Goodwill impairment, our Care Delivery segment reported Operating Income profitability based on strong performance,” said CEO Mike Mikan. “We also continued to make good progress in the quarter on the wind-down of our ACA insurance business and the sale of our California Medicare Advantage business.”