Here's Why Signify Health Is Surging on Wednesday
Shares of Signify Health (NYSE: SGFY), a healthcare platform company, are on the move in after the company reported highly positive third-quarter earnings results. Investors impressed with growth on the top and bottom lines pushed the stock 16% higher as of 12:40 p.m. EST on Wednesday.
Total revenue soared 29% year over year to $199.2 million during the third quarter, driven largely by increasing demand for in-home evaluations. Those evaluations performed during the quarter soared 25% year over year to 488,000.
Image source: Getty Images.
Source Fool.com