NYSE:MOHHealthcare
Molina Healthcare Loss And Covenant Shift Put Contract Risks In Focus
Molina Healthcare (NYSE:MOH) reported a large quarterly loss, citing sustained margin pressures and retroactive premium adjustments tied to its California Medicaid business.
The company recorded a US$93 million impairment to intangible assets, pointing to financial strain in parts of its portfolio.
Molina issued weak guidance for 2026 and significantly revised its credit agreement, including a temporary relaxation of its interest coverage covenant.
Molina Healthcare focuses on government...