earnings
confidence high
sentiment neutral
materiality 0.75
agilon health Q3 revenue up 75% to $1.22B, MA members +58%; lowers FY23 MA membership guidance to 384-386K
agilon health, inc.
- Net loss $31M (unchanged YoY); Adj. EBITDA loss $6M vs. $26M loss last year.
- Medical margin $108M (+42% YoY) driven by MA growth; core markets excl. Hawaii saw $111M medical margin.
- Completed sale of MDX Hawaii (Oct 31) for undisclosed terms; focus on continental US partner markets.
- Updated FY23 guidance: MA members 384-386K (down from 412-415K), revenue $4.31-4.32B, adj. EBITDA $6-18M.
- ACO REACH contributed $18M to Adj. EBITDA in Q3; expects $39M for FY23 (up from prior $30-35M).