earnings
confidence high
sentiment negative
materiality 0.75
agilon health Q1 revenue up 52% to $1.6B, net loss $6M; lowers FY2024 member & revenue guidance
agilon health, inc.
- Revenue $1.60B (+52% YoY); net loss of $6M vs net income $16M in Q1 2023.
- Medical margin $157M (flat YoY); adjusted EBITDA $29M (+21%).
- MA membership 523k (+43%), total platform members 654k.
- Full-year guidance: MA members lowered to 510-515k; revenue lowered to $6.125-6.175B; medical margin & adj. EBITDA unchanged.
- Announced 5 new physician partnerships for Class of 2025, adding 60k+ MA members.