Alignment Healthcare Q1 revenue up 47.5% to $926.9M; raises 2025 guidance; CFO transition

Alignment Healthcare, Inc.

2025-Q1 EPS reported -$0.05 revenue$926,932,000

Q1 revenue $926.9M (+47.5% YoY); MA membership ~217,500 (+31.7% YoY).
Adjusted EBITDA $20.2M; net loss $(9.4)M; medical benefits ratio 88.4% on adjusted gross profit.
Exceeded high-end of Q1 guidance on membership, revenue, adjusted gross profit and adjusted EBITDA.
Raises midpoint of 2025 full-year outlook for membership, revenue, adjusted gross profit and adjusted EBITDA.
CFO Thomas Freeman becomes Strategic Advisor to CEO; Jim Head appointed CFO.

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