Summary by Moomoo AI
On January 12, 2024, UnitedHealth Group Incorporated released its fourth quarter and full year 2023 financial results. The report highlighted a 15% year-over-year revenue increase to $371.6 billion, with earnings from operations growing by 14%. The company's cash flows from operations were reported at $29.1 billion, equating to 1.3 times the net income. UnitedHealth Group's full year and fourth quarter net earnings per share were $23.86 and $5.83, respectively, with adjusted net earnings per share at $25.12 and $6.16. The results reflected growth across both Optum and UnitedHealthcare, with the company entering 2024 prepared to continue its growth trajectory. The report also mentioned the pending sale of UnitedHealth's Brazil operations, expected to close in the first half of 2024, which will impact net earnings outlook. The company confirmed the...Show More