Fierce Healthcare May 7, 2021
Cigna reported $1.2 billion in profit for the first quarter of 2021, on par with the prior-year quarter and surpassing Wall Street analyst’s projections.
Cigna also beat the Street on revenue for the quarter, according to Zacks Investment Research, posting $41 billion. That’s also an increase over the first quarter of 2020, where Cigna reported $38.5 billion.
“Cigna remains dedicated to supporting our customers, clients, and communities through the disruption of the COVID-19 pandemic, while also delivering strong financial results, as demonstrated through our first quarter performance,” said David M. Cordani, Cigna CEO, in a statement.
“As we continue to execute against our three-pronged growth framework—delivering differentiated value, partnering and innovating, and expanding our addressable markets—we are well-positioned to meet...
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