earnings
confidence high
sentiment negative
materiality 0.80
Alignment Healthcare Q3 revenue $293.5M (+18% YoY); net loss $45.8M vs profit year ago
Alignment Healthcare, Inc.
2022-Q3 EPS reported
-$0.87
revenue$869,499,000
- Health plan membership ~86,000, up 29% YoY; medical benefit ratio 85.7% vs 76.7% in Q3 2020.
- Net loss $45.8M vs net income $10.8M in Q3 2020; loss from operations $41.5M vs income $15.1M.
- Adjusted EBITDA negative $5.5M vs positive $19.4M in prior year; cash $500.5M, debt $153.0M.
- FY 2021 guidance: revenue $1,135-1,140M, adjusted gross profit $126-130M, adjusted EBITDA ($54M) to ($49M).