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Stock impact report

Cigna (CI) Q4 Earnings Beat on Membership Growth, Dividend Up [Yahoo! Finance]

Motus GI Holdings, Inc. (MOTS) 
Last motus gi holdings, inc. earnings: 3/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: motusgi.com
Company Research Source: Yahoo! Finance
Adjusted revenues of $51.2 billion advanced 4.8% year over year in the quarter under review on the back of solid contributions from Evernorth Health Services and Cigna Healthcare businesses. The top line outpaced the consensus mark by 4.8%. However, the upside was partly offset by an elevated expense level resulting from the higher pharmacy and other service costs, medical costs and other benefit expenses, and selling, general and administrative expenses. CI's medical customer base was 19.8 million as of Dec 31, 2023, which witnessed a 9.9% year-over-year increase and came higher than our estimate of 19.6 million. Membership grew as a result of an increase in U.S. Commercial fee-based and Medicare Advantage customers. Total benefits and expenses of $49.1 billion increased 11% year over year in the fourth quarter, higher than our estimate of $46.3 billion. The adjusted selling, general and administrative (SG&A) expense ratio deteriorated 30 basis points (bps) year over year to 7 Show less Read more
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