Clover Health shares rose nearly 12% in premarket trading.
Health care technology company Clover Health reported second-quarter earnings Wednesday afternoon.
Clover Health had revenue of $412 million in the second quarter, up 140% year-over-year. The revenue total beat analysts’ estimate of $205.4 million for the quarter.
Clover Health sees full fiscal year revenue coming in the range of $1.4 billion to $1.5 billion. The revenue guidance is ahead of an $811.5 million estimate from analysts.
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