Broadcom named strategic vendor for Walmart virtualization solutions
Investing.com - R1 RCM reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
R1 RCM announced earnings per share of $0.08 on revenue of $496M. Analysts polled by Investing.com EPS of $0.15 on revenue of $523.38M.
R1 RCM 's are down 35% and is trading at $7.12 , still down 74.44% from its 52 week high of $27.86 set on Tuesday, April 12, 2022.
R1 RCM shares lost 51.73% to trade at $7.12 in intra-day trade the report.
R1 RCM follows other major Healthcare sector earnings this month
R1 RCM's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar