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Health Net Inc
Health Net, Inc. (HNT) was a publicly traded health care company based in the United States. It offered a variety of health insurance plans and related services, including managed care plans for individuals, families, and employers. The company primarily operated in California, Florida, Georgia, and the Northeastern United States.
When it came to the company's financial performance, Health Net reported solid earnings in the past. However, it is important to note that the information I have access to is up to 2016, as the company was acquired by Centene Corporation (CNC) in March 2016.
Let me provide you with an overview of Health Net's historical performance based on the available information:
1. Revenue: From 2012 to 2015, Health Net's revenue consistently grew. For example, the company's total revenue in 2012 was $12.1 billion, and by 2015, it had increased to $17.4 billion, representing a growth of over 40% within the given time frame.
2. Net Income: Health Net's net income demonstrated a mixed trend during that period. In 2012, the net income was $158 million, and it fluctuated in subsequent years but remained positive. However, it dipped significantly in 2014, reaching a low of $59 million, before rebounding in 2015 to $203 million.
3. Earnings per Share (EPS): For the same time frame (2012-2015), Health Net's earnings per share (EPS) showed a positive trend, growing from $2.44 in 2012 to $3.86 in 2015, representing a 58% increase in EPS.
Please note that the above figures and growth percentages are based on historical information, and potential investors are advised to conduct their own research using up-to-date financial data since Health Net no longer operates as a standalone entity.
As a footnote, I'd like to mention that the above information is accurate to the best of my knowledge up to 2016, but it is highly recommended to consult official financial reports or professional financial service providers for more precise and up-to-date information.