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Molina Healthcare’s Q4 beats estimates, closes year with record growth
Modern Healthcare

Revenue and profit at Molina Healthcare grew rapidly in 2014 as the managed-care insurer continues to show the business potential of Medicaid with the boost from the 2010 healthcare law.

Molina turned a $33.8 million profit in the fourth quarter compared with a $9.1 million loss in the same quarter of 2013. Profit per share was 69 cents in the quarter, beating Wall Street’s consensus estimate by eight cents.