United Health Posts 7% Increase in 2Q Revenue

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UnitedHealth Group 2Q earnings beat expectations

Earnings HQ: FBN's Lori Rothman breaks down UnitedHealth Group's second-quarter earnings report.

UnitedHealth Group Inc, the largest U.S. health insurer, reported a 7 percent rise in quarterly revenue, helped by the addition of 270,000 members to its healthcare plans and strong growth in its Optum pharmacy services division.

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Net income was $1.41 billion, or $1.42 per share, in the second-quarter ended June 30, compared to $1.44 billion, or $1.40 per share, a year earlier.

Total revenues rose to $32.6 billion from $30.4 billion