Alignment Healthcare beats Q3 guidance; revenue $456.7M (+26.7% YoY); raises member outlook to 117,600-118,600

Alignment Healthcare, Inc.

2023-Q3 EPS reported -$0.54 revenue$1,358,243,000

Total revenue $456.7M (+26.7% YoY); health plan membership ~115,600 (+18% YoY).
Adjusted gross profit $60.6M, medical benefits ratio 86.7%; net loss ($35.1)M.
Adjusted EBITDA ($8.4)M, better than prior year ($9.5)M loss.
Raised year-end health plan membership outlook to 117,600-118,600, implying ~20% growth.
Over 90% of MA members in plans rated 4-stars or higher for 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Alignment Healthcare, Inc. reported third quarter ended September 30, 2023 results: revenue $456.7 million. Guidance raised.

Period: third quarter ended September 30, 2023
Revenue: $456.7 million
Guidance: raised
Result: reported results

Exact text from the filing

2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 Alignment Healthcare Reports Third Quarter 2023 Results; Exceeds Guidance Across All Key Financial Metrics Reports $456.7 million in total revenue, up 26.7% year-over-year Medicare Advantage enrollment increases to approximately 115,600 members, up 18% year-over-year Outperforms on four key performance

View on SEC.gov

39 earnings releases filed in the last 30 days. Browse all earnings releases →

Alignment Healthcare, Inc. filing history →

Source: SEC EDGAR

accession 0001171843-23-006669

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.