OSCR Stock Recent News

Mark Bertolini, Oscar Health CEO, joins 'Squawk Box' to discuss the company's run since its initial public offering in March, the company's path to profitability, and how Bertolini has worked on the company's margin picture.

The next-generation health insurance provider published its second-quarter results. These crushed prognosticator estimates on both the top and bottom lines.

Oscar Health, Inc. (NYSE:OSCR ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Cornelia Miller - VP, IR Mark Bertolini - CEO & Director Siddhartha Sankaran - Interim CFO & Director Conference Call Participants Stephen Baxter - Wells Fargo Securities Jonathan Yong - Crédit Suisse Michael Ha - Morgan Stanley Gary Taylor - TD Cowen Joshua Raskin - Nephron Research Nathan Rich - Goldman Sachs Group Kevin Fischbeck - Bank of America Merrill Lynch Operator Good afternoon. My name is Abby, and I will be your conference operator today.

Oscar Health Tuesday reported a quarterly loss of $15 million thanks in part to tens of thousands of fewer sales of individual health insurance policies.

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its second quarter 2023 financial results after market close on Tuesday, August 8, 2023. Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows: Live Call: (877) 400-4403 Conference ID: 6577079 Webcast Link The call will be archived and available on Oscar's.

Oscar Health has been growing exceptionally quickly, continuing to grow revenues at over 50% y/y even though it is now generating more than $1B in quarterly revenue. It also put a new CEO in place last quarter, a longtime executive at Aetna who also did a stint at Bridgewater (hedge fund). The firm's most recent quarter saw positive adjusted profitability for the first time as well as ongoing progress towards positive GAAP profits.

Oscar Health offers health plans to individuals and groups and has Medicare Advantage plans. Institutional buyers help drive the stock's shares higher.

Oscar Health, Inc. (NYSE:OSCR ) Q1 2023 Earnings Call May 9, 2023 5:00 PM ET Company Participants Cornelia Miller - Vice President, Corporate Development and Investor Relations Mark T. Bertolini - Chief Executive Officer Sid Sankaran - Interim Chief Financial Officer Conference Call Participants Stephen Baxter - Wells Fargo Joshua Raskin - Nephron Michael Ha - Morgan Stanley Nathan Rich - Goldman Sachs Operator Good afternoon.

Oscar Health, Inc. (OSCR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Fmr. Aetna exec and incoming Oscar Health CEO Mark Bertolini joins Yahoo Finance Live anchors to discuss taking the helm of Oscar Health, the plan for profitability, the trajectory for technology in the healthcare space, and the outlook for Oscar Health.