Categories AlphaGraphs, Earnings, Health Care

CI Earnings: Highlights of Cigna Corp.’s Q4 2022 results

Cigna Corporation (NYSE: CI) has reported an increase in net income for the fourth quarter of 2022 when the healthcare services provider’s revenues remained unchanged.

Cigna Q4 2022 earnings infographic

Shareholders’ net income increased to $1.17 billion or $3.83 per share in the fourth quarter from $1.12 billion or $3.39 per share in the same period of last year.

Meanwhile, total revenues remained unchanged year-over-year at $45.75 billion. The company repurchased $7.6 billion of its shares in fiscal 2022.

“Last year was a pivotal year of performance and growth for our company as individuals and employers around the world counted on Cigna Healthcare in a dynamic time, and Evernorth further expanded its health services reach and impact. We are well-positioned to continue innovating and growing as we work to improve the health and vitality of all those we serve,” said Cigna’s CEO David Cordani.

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