ModivCare Reports Q2 Loss, Stock Volatility
Update: 2025-12-29
Description
ModivCare Incorporated, a Denver-based social services provider, reported a significant loss of $303.7 million in Q2, translating to a per-share loss of $21.16. Despite this, revenue reached $659.6 million. The company, handling non-emergency medical transportation and personal care services, faces challenges due to rising costs and operational demands. Investors are concerned, with shares trading under MODVQ and experiencing volatility. No guidance on future quarters was provided, leaving questions about recovery plans. Checkout Solipillow.com
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