LONG BEACH, Calif. (AP) _ Agilon Health Inc. (AGL) on Wednesday reported a loss of $298.8 million in its second quarter.
On a per-share basis, the Long Beach, California-based company said it had a loss of 79 cents. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 6 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The senior-focused health care company posted revenue of $499 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $473.6 million.
For the current quarter ending in October, Agilon said it expects revenue in the range of $450 million to $453 million.
The company expects full-year revenue in the range of $1.81 billion to $1.82 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGL at https://www.zacks.com/ap/AGL
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