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Bright Health: Q1 Earnings Snapshot

May 4, 2022 GMT

MINNEAPOLIS (AP) _ Bright Health Group Inc. (BHG) on Wednesday reported a loss of $195.2 million in its first quarter.

The Minneapolis-based company said it had a loss of 32 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.

The health insurer posted revenue of $1.84 billion in the period.

Bright Health expects full-year revenue in the range of $6.8 billion to $7.1 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHG at https://www.zacks.com/ap/BHG