💨 Abstract

ModivCare Inc. (MODV) reported a first-quarter loss of $50.4 million, or $3.52 per share, falling short of analyst expectations. Adjusted losses were $1.71 per share, while revenue reached $650.7 million. The company, which provides government-sponsored social services, did not meet Wall Street's anticipated loss of 34 cents per share.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖