secwatch.observer — SEC 8-K summary
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Issuer:     Alignment Healthcare, Inc. (ALHC)
CIK:        0001832466
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001171843-24-002487
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alignment Healthcare Q1 revenue $628.6M (+43.1% YoY); membership up 50.5% to 165,100
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- Revenue ex-ACO REACH $627.6M, up 54.2% YoY; medical benefits ratio 90.9%.
- Adjusted gross profit $57.3M; net loss $(46.6)M; adjusted EBITDA $(12.0)M.
- Raises FY2024 membership outlook to 170,000-172,000; revenue guidance $2.495-$2.525B.
- FY2024 adjusted EBITDA guidance narrowed to $(12)M-$12M from prior range.
- CEO cites strong execution; Q2 revenue projected $625-$635M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832466/000117184324002487/0001171843-24-002487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832466/000117184324002487/f8k_050224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002487

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