secwatch.observer — SEC 8-K summary
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Issuer:     agilon health, inc. (AGL)
CIK:        0001831097
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001628280-23-027194
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

agilon health Q2 revenue $1.15B (+71%); posts first positive Adj EBITDA $10M; updates FY2023 guidance
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- Revenue $1.15B, +71% YoY; Medicare Advantage members 408,900 (+57%); total members live on platform 495,900.
- Adjusted EBITDA $10M vs -$3M YoY; net loss $17M vs $21M YoY; medical margin $138M (+69%).
- FY2023 guidance: revenue $4.525-4.540B (up); medical margin $500-530M (down); Adj EBITDA $0-23M.
- ACO REACH contribution to Adj EBITDA raised to $30-35M for FY2023 from prior $5-10M.
- Announced partnership with Center for Primary Care (8 locations in GA/SC); share repurchase of 9.6M shares for ~$200M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831097/000162828023027194/0001628280-23-027194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831097/000162828023027194/agl-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-027194

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