Particle.news

Download on the App Store

UnitedHealth Navigates Cyberattack Fallout with Resilient Q2 Performance

Despite a major cyberattack on Change Healthcare, UnitedHealth Group reports strong revenue and maintains its earnings outlook for 2024.

  • UnitedHealth's Q2 revenue reached $98.9 billion, surpassing Wall Street expectations.
  • The cyberattack's total impact is now projected between $2.3 billion and $2.45 billion for 2024.
  • Net income for Q2 fell to $4.2 billion, down from $5.5 billion the previous year.
  • UnitedHealth has provided over $9 billion in financial support to affected healthcare providers.
  • The company has restored most impacted services and reaffirmed its adjusted earnings outlook.
Hero image