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WellCare posts Q1 gains

April 30, 2019 - WellCare Health Plans Inc. continued to post revenue and profit gains during Q1 2019, even while planning its acquisition by Centene. WellCare’s revenue was $6.76 billion, up 45.5 percent from a year earlier. Net income was $151.4 million, up 48.9 percent, and earnings per share for the just-ended quarter were $2.98. Much of the increase was attributed to WellCare’s purchase of Meridian in 2018.

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