Reports Q1 revenue $8.15B, consensus $8.33B. As of March 31, 2023, the Company served approximately 5.3 million members, an increase of 4% compared to March 31, 2022. Premium revenue was approximately $7.9 billion for the first quarter of 2023, an increase of 5% compared to the first quarter of 2022. "We are very pleased with our first quarter results and increased 2023 earnings guidance," said Joseph Zubretsky, President and Chief Executive Officer. "We delivered strong financial performance and continued our momentum of winning new state contracts, providing additional visibility into future premium and earnings growth."
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