Clover Health ups guidance after $7.2 million in Q2 income

Physician enablement technology company and Medicare Advantage insurer Clover Health reported its first-ever quarterly earnings as a public company, posting net income of $7.2 million and an adjusted EBITDA of $36.2 million.

Both are year-over-year improvements, when Clover took a net loss of $28.9 million and EBITDA was just $9.9 million.

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