Dominant HMO’s earnings climb

Tuesday, July 23, 2002 | 11:52 a.m.

Sierra Health Services Inc., owner of the largest health maintenance organization serving Nevada, posted higher earnings in its second quarter.

The Las Vegas company reported net income of $10.5 million, 34 cents a share, on revenue of $364 million for the quarter ended June 30. That compared with net income of $3.8 million, 13 cents a share, on revenue of $318.3 million for the same period a year ago.

A Thomson Financial/First Call survey of analysts had forecast earnings per share of 24 cents for the quarter for Sierra Health.

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