Cobalt Reports Lower 1st Quarter Net Income

April 30, 2003 at 08:00 PM
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NU Online News Service, April 30, 2003, 12:08 p.m. EDT – Cobalt Corp., Milwaukee, is reporting $11 million in net income for the first quarter on $409 million in revenue, compared with $23 million in net income on $381 million in revenue for the first quarter of 2002.

The health insurer ended the quarter providing or administering major medical coverage for 808,933 people.