NASDAQ$ALHC

Alignment Healthcare Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Alignment Healthcare's Q3 results demonstrated the company's success in Medicare Advantage through high-quality care and effective cost management.

Alignment Healthcare reported excellent third-quarter results, highlighting their success in delivering high-quality care while effectively managing costs within the Medicare Advantage program. The company's focus on the Triple Aim has driven positive outcomes in stars, growth, and profitability.

  • Alignment Healthcare reported strong third-quarter results.
  • The company's success is attributed to delivering high-quality care and managing costs effectively.
  • Alignment Healthcare is confident in its platform to provide the best care at the lowest cost.
  • The company aims to drive long-term value for members and shareholders.

Headline financials

Total Revenue

$692M

Previous: $457M+51.6%
EPS

-$0.14

Previous: -$0.19+26.3%
Health plan membership

182.4K

No prior period
Adjusted gross profit

$80.5M

No prior period
Adjusted EBITDA

$5.92M

No prior period
Capital Expenditures

-$32.1M

Previous: -$9.55M-236.4%
Free Cash Flow

-$58.5M

Previous: -$35M-67.1%
Net Income

-$26.4M

Previous: -$35M+24.6%
Operating Income

-$19.5M

Previous: -$29.8M+34.4%
Gross Profit

$692M

Previous: $457M+51.6%
Cash & Equivalents

$340M

Previous: $392M-13.1%
Total Assets

$692M

Previous: $771M-10.2%
Stock-Based Comp

$17.3M

Previous: $13.6M+27.2%

Revenue & EPS history

Alignment Healthcare · Revenue · Quarterly

$692M

Q3 2024+51.6%vs Q3 2023
Beat estimate in 15 of 15 quarters(100%)
ActualEstimate

Revenue by segment

Alignment Healthcare · $265M total across 2 segments · Q1 2021

  • Earned premiums
    $265M+18.0%
  • Other revenue
    $82K

Forward guidance

The company provided an outlook for the fourth quarter and fiscal year 2024.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+1.8%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+2.6%

Avg return

30 days after

57%

12 / 21 earnings

Positive

+27.0%

Q1 2024

Best reaction

-16.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%-15.7%-29.5%
Q4 2025-5.8%-7.5%-18.6%
Q3 2025-1.9%-0.4%+12.2%
Q1 2025-7.7%-7.5%-8.3%
Q4 2024+16.5%+17.4%+35.9%
Q3 2024+1.6%+12.2%+11.2%
Q2 2024+2.3%+4.9%+3.1%
Q1 2024+27.0%+31.6%+51.0%
Q4 2023-8.9%-9.2%-20.1%
Q3 2023-9.6%-7.2%+10.5%
Q2 2023+7.5%+10.5%-4.2%
Q1 2023+3.5%+11.3%-5.1%
Q4 2022-16.4%-20.9%-35.2%
Q3 2022-3.1%-3.3%-2.7%
Q2 2022+10.4%+4.3%-8.7%
Q1 2022-7.0%-18.8%+6.8%
Q4 2021+10.7%+8.0%+39.7%
Q3 2021+10.6%+6.1%-26.7%
Q2 2021-8.5%-4.8%-11.2%
Q1 2021+6.8%+13.3%+27.6%
Q4 2020+6.8%+13.3%+27.6%
Q3 2020
Q2 2020
Q1 2020

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