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UNH » Topics » THIRD QUARTER NET EARNINGS OF $0.79 PER SHARE

This excerpt taken from the UNH 8-K filed Oct 19, 2006.

THIRD QUARTER NET EARNINGS OF $0.79 PER SHARE

 

  •   Third Quarter Revenues Rose 55% to $18 Billion

 

  •   Operating Margin Reached 10.3%

 

  •   Reported Operating Cash Flows were $315 Million; Adjusted Operating Cash Flows of $1.83 Billion Increased 121% (1)

 

  •   Earnings Per Share Increased 30%

MINNEAPOLIS (October 19, 2006) – UnitedHealth Group (NYSE: UNH) achieved record results in the third quarter of 2006. Diversified business growth was well-matched with effective cost management, advances in the integration of acquisitions and accelerating gains in profitability from seasonally strong product offerings in the third quarter, leading to a further advance in the Company’s full-year earnings outlook. UnitedHealth Group now expects full-year earnings per share growth of at least 25 percent in 2006.

 

(1) A further explanation of this non-GAAP measure and a reconciliation to the comparable GAAP measure is included in the attached financial schedules.

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