Coventry Health Care, Inc (CVH), the diversified national managed healthcare company reported second quarter revenues fell 17% to $2.9 billion from $3.5 billion a year ago. Net income for the quarter fell 95% to $1.0 million or 1 cent per diluted share compared to net income of $18.4 million or 12 cents per share a year ago.

Coventry Health Care, Inc, in the last one year traded as high as $27.27 in January 2010 and as low as $16.61 in July 2010. Based on the yesterday’s closing price of $18.85 the company has market cap of $2.79 billion.