CVS Health reports $2.6B Q2 loss, dragged down by $3.9B goodwill impairment charge

CVS HEALTH reported a $2.6 billion loss in the second quarter of 2018, largely due to a $3.9 billion pre-tax goodwill impairment charge for its long-term care segment. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE
CVS HEALTH reported a $2.6 billion loss in the second quarter of 2018, largely due to a $3.9 billion pre-tax goodwill impairment charge for its long-term care segment. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE
WOONSOCKET – CVS Health Corp. reported a $2.6 billion loss on Wednesday for the second quarter of 2018, or $2.52 per diluted share. The company had reported a $1.1 billion profit in the second quarter of 2017, or $1.07 per diluted share. Revenue for the retail pharmacy, health care provider and pharmacy benefit manager in the…

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