secwatch.observer — SEC 8-K summary
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Issuer:     Alignment Healthcare, Inc. (ALHC)
CIK:        0001832466
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001171843-23-002888
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alignment Healthcare Q1 revenue $439.2M (+27.1% YoY), membership 109,700, beats guidance on all KPIs
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- Total revenue $439.2M, up 27.1% YoY; health plan premium revenue $399.7M (+20.8% YoY).
- Medicare Advantage membership ~109,700, up 16.5% YoY.
- Adjusted gross profit $45.4M (10.3% margin vs 13.0% YoY); medical benefit ratio 89.7% vs 87.0%.
- Net loss $37.4M; adjusted EBITDA loss $5.2M, improving from ($3.9M) YoY in absolute terms.
- Q2 guidance: revenue $433-$438M, adjusted gross profit $47-$50M; FY23 revenue $1.71-$1.735B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832466/000117184323002888/0001171843-23-002888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832466/000117184323002888/f8k_050323.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002888

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer