Clover Health reported improved Q2 2024 financial results with increased net income and insurance revenue growth.

Clover Health reported Q2 2024 financial results with improved net income, 11% year-over-year increase in insurance revenue to $349.9m, and an improved Insurance MCR of 71.3%. GAAP Net Income from Continuing Operations increased to $7.2m, and Adjusted EBITDA reached $36.2m, surpassing Q2 2023's figures. Clover Health raised its full-year insurance revenue guidance to between $1.35bn and $1.375bn.

August 05, 2024
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