Bloomfield, Conn.-based Cigna has reported $8.73 billion in consolidated revenues for the second quarter of 2014, compared with $7.98 billion in the same quarter a year ago — a 9 percent increase.
Cigna's second-quarter net income reached $573 million, up from $505 million the second quarter of 2013. The company reported $530 million in income from operations, or $1.96 per share, which represented per share growth of 10 percent over the second quarter of 2013.
"Our sustained growth in a dynamic marketplace is driven by our commitment to innovations and our differentiated capabilities for the benefit of our customers and clients around the world," said David M. Cordani, president and CEO of Cigna, in a news release.
Based on second-quarter results, Cigna's projected adjusted income from operations for 2014 is estimated to be in the range of $1.94 billion to $2 billion.
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