Reports Q3 revenue $2.4B, consensus $2.34B. “Oscar reported positive third quarter results with strong revenue growth and improved financial performance,” said Mark Bertolini, CEO. “Our technology continues to enhance our growth and positions us to efficiently scale the business. We expect to deliver positive Adjusted EBITDA and net income profitability this year, setting a solid foundation to achieve our long-term targets.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OSCR:
- BofA shakes up ratings of healthcare stocks following Trump win
- Five Below downgraded, Snowflake upgraded: Wall Street’s top analyst calls
- Oscar Health downgraded to Underperform at BofA after Trump win
- Oscar Health downgraded to Underperform from Neutral at BofA
- Oscar Health call volume above normal and directionally bullish