secwatch.observer — SEC 8-K summary
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Issuer:     Alignment Healthcare, Inc. (ALHC)
CIK:        0001832466
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001171843-23-004974
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alignment Healthcare beats Q2 guidance; revenue up 26% to $462.4M, members +17%
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- Revenue $462.4M (+26.2% YoY); health plan premium revenue $424.7M (+21% YoY).
- Medicare Advantage membership ~112,200, up 17% YoY; net loss ($28.5M) vs ($11.6M) YoY.
- Adjusted gross profit $53.6M; adjusted EBITDA ($2.1M); medical benefit ratio 88.4%.
- Q3 guidance: revenue $440-445M; FY 2023 revenue $1.76-1.785B; adjusted EBITDA ($34)-($20)M.
- CEO says company beat outlook across all four critical KPIs: membership, revenue, adjusted gross profit, adjusted EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832466/000117184323004974/0001171843-23-004974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832466/000117184323004974/f8k_080323.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004974

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