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U.S. health insurer Anthem quarterly profit rises 23 percent

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Reuters
Last Updated : Jul 25 2018 | 3:56 PM IST

(Reuters) - Anthem Inc reported a 23 percent rise in quarterly profit on Wednesday, helped by premium rate increases.

Anthem said net income rose to $1.05 billion, or $3.98 per share, in the second quarter ended June 30, from $855.3 million, or $3.16 per share, a year earlier.

Total revenue rose 2.4 percent to $22.94 billion.

(Reporting by Ankur Banerjee in Bengaluru; Editing by Bernard Orr)

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First Published: Jul 25 2018 | 3:47 PM IST

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