Summary
Centene Corporation (CNC) filed its 10-Q for the quarterly period ended September 30, 2009, presenting its unaudited financial performance and operational highlights. The report details the company's financial position through its consolidated balance sheets, statements of operations, stockhoder's equity, and cash flows. Investors can gain insights into the company's revenue generation, cost structure, and cash management strategies by reviewing these statements and the accompanying Management's Discussion and Analysis (MD&A). The MD&A section is crucial for understanding the underlying drivers of the reported financial results, including any significant trends, uncertainties, or events that impacted the company during the quarter. Key areas of focus for investors in this filing would include revenue growth, profitability trends, changes in operating expenses, and the company's liquidity and capital resources. The report also touches upon market risks, legal proceedings, and risk factors, providing a comprehensive view of the company's operational landscape and potential challenges. Understanding these elements is essential for assessing Centene's current financial health and its prospects for future growth and stability.
Financial Highlights
27 data points| Revenue | $1.04B |
| Operating Expenses | $1.00B |
| Operating Income | $38.01M |
| Interest Expense | $4.06M |
| Net Income | $21.27M |
| EPS (Basic) | $0.12 |
| EPS (Diluted) | $0.12 |
| Shares Outstanding (Basic) | 172.01M |
| Shares Outstanding (Diluted) | 177.17M |
Key Highlights
- 1The filing includes unaudited Consolidated Balance Sheets as of September 30, 2009, and December 31, 2008, providing a snapshot of the company's assets, liabilities, and equity.
- 2Consolidated Statements of Operations for the three and nine months ended September 30, 2009 and 2008, detail the company's revenue and expenses, crucial for understanding profitability trends.
- 3Consolidated Statements of Cash Flows for the nine months ended September 30, 2009 and 2008, are presented, offering insights into the company's cash generation and usage from operating, investing, and financing activities.
- 4The report contains Management's Discussion and Analysis (MD&A) of Financial Condition and Results of Operations, which provides management's perspective on the financial performance and outlook.
- 5Quantitative and Qualitative Disclosures About Market Risk are included, informing investors about potential exposures to market fluctuations.
- 6The filing addresses Legal Proceedings and Risk Factors, which are critical for investors to understand potential legal challenges and business risks faced by Centene.