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4-Traders Homepage  >  Equities  >  Nasdaq  >  Magellan Health Inc    MGLN

Delayed Quote. Delayed  - 09/26 10:00:00 pm
54.15 USD   +1.16%
09/22 MAGELLAN HEALTH : Announces Third Quarter 2016 Earnings Conference C..
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Magellan Health : Announces Third Quarter 2016 Earnings Conference Call

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09/22/2016 | 07:51pm CEST

Magellan Health, Inc. (NASDAQ: MGLN) today announced that it will release third quarter 2016 earnings results on Wednesday, November 9, 2016. Management will discuss the company's financial results, as well as its business strategy and outlook, on a conference call to be held the same day from 9:00 a.m. to 10:00 a.m. Eastern.

The press release detailing the company's third quarter 2016 earnings results will be issued at approximately 6:30 a.m. Eastern, and will be immediately available on Magellan's investor relations page at MagellanHealth.com.

To participate in the conference call, interested parties should call 1-800-857-1812 and reference the pass code Third Quarter 2016 Earnings Call approximately 15 minutes before the start of the call. The conference call will also be available live via webcast at Magellan's investor relations page at MagellanHealth.com.

A taped replay of the conference call will be available for one week following the call. Interested parties should call 1-866-357-4212 or 1-203-369-0127 (from outside the U.S.) to listen. Individuals who plan to access the call or webcast are encouraged to read Magellan's most recent filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2015, filed on February 29, 2016, for material information regarding Magellan's operational and financial results, including the section titled "Risk Factors."

About Magellan Health: Headquartered in Scottsdale, Ariz., Magellan Health, Inc. is a leader in managing the fastest growing, most complex areas of health, including special populations, complete pharmacy benefits and other specialty areas of healthcare. Magellan develops innovative solutions that combine advanced analytics, agile technology and clinical excellence to drive better decision making, positively impact health outcomes and optimize the cost of care for the members we serve — all within a customer-first culture. Magellan's customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. For more information, visit MagellanHealth.com.


© Business Wire 2016
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Financials ($)
Sales 2016 4 789 M
EBIT 2016 155 M
Net income 2016 59,2 M
Debt 2016 293 M
Yield 2016 -
P/E ratio 2016 19,97
P/E ratio 2017 15,28
EV / Sales 2016 0,34x
EV / Sales 2017 0,33x
Capitalization 1 316 M
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Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 67,3 $
Spread / Average Target 26%
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Managers
NameTitle
Barry M. Smith Chairman & Chief Executive Officer
Jonathan N. Rubin Chief Financial Officer & Executive Vice President
Gary D. Anderson Chief Information Officer
Karen Amstutz Chief Medical Officer
Srinivas Koushik Chief Technology Officer
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