Alignment Healthcare estimates 108,300 Health Plan Members as of Jan 1, 2023, up ~17% YoY; reaffirms FY2022 guidance

Alignment Healthcare, Inc.

Estimated 108,300 Health Plan Members as of Jan 1, 2023, up ~17% YoY; excludes ~7,500 ACO REACH members.
Reaffirms FY2022 guidance: revenue $1,410-$1,415M, adjusted gross profit $189-$192M, adjusted EBITDA ($33)-($30)M.
CMS data may underreport Jan 1 membership due to timing cutoff; expects update later in January.
No forward-looking 2023 membership guidance until holistic 2023 guidance is provided.
Management to present at industry conference Jan 11, 2023; webcast available.

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