Cobalt Reports Earnings for Fourth Quarter and Full-Year 2002; Increases Guidance for 2003.
Business Wire › February 11, 2003
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Cobalt Reports Earnings for Fourth Quarter and Full-Year 2002; Increases Guidance for 2003.
Business Editors
MILWAUKEE--(BUSINESS WIRE)--Feb. 11, 2003 Cobalt Corporation (NYSE:CBZ): -- Reported 6th consecutive quarter of improved results -- Continued improvement in medical loss ratio -- Continued profitability in all business segments -- Strong cash flow from operations -- Successful completion of secondary offering Cobalt Corporation (NYSE:CBZ) announced today net income for the fourth quarter of $15.1 million or $0.35 per diluted share on revenues of $393.1 million. Cobalt's fourth quarter 2002 earnings from continuing operations, excluding $0.2 million related to Amer...See the full content of this document
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