NASDAQ$ASTH

Astrana Health Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Announced consolidated financial results for the fourth quarter and year ended December 31, 2023.

Astrana Health reported strong Q4 2023 results, highlighting rapid scaling of their care model, robust financial achievements, and continued execution against their strategic roadmap.

  • Expanded membership base across existing and new geographies.
  • Increased the level of accountability and risk in value-based care contracts.
  • Empowered providers to achieve superior patient outcomes.
  • Executed strategic acquisitions to further accelerate growth trajectory.

Headline financials

Total Revenue

$353M

Previous: $41.1M+759.2%
EPS (adj)

$0.26

Previous: -$0.06+533.3%
Adjusted EBITDA

$29M

Previous: $23.7M+22.7%
Adjusted EBITDA Margin

8.0%

No prior period
Capital Expenditures

$7.06M

Previous: $886K+696.5%
Net Income

$12.4M

Previous: $471K+2523.4%
Operating Income

-$3.87M

Previous: $12.6M-130.8%
Gross Profit

$34.1M

Previous: $41.1M-17.1%
Stock-Based Comp

$8.68M

Previous: $5.62M+54.3%

Revenue & EPS history

Astrana Health · Revenue · Quarterly

$353M

Q4 2023+759.2%vs Q4 2022
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

Astrana is providing guidance for total revenue, net income attributable to Astrana, Adjusted EBITDA, and EPS — diluted for the year ending December 31, 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 Q4 2023

Historical avgQ4 2023

+0.7%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

40%

23 / 57 earnings

Positive

+83.3%

Q3 2011

Best reaction

-40.5%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+29.4%+22.5%+20.6%
Q3 2025-23.4%-29.4%-33.8%
Q1 2025-11.1%-20.8%-24.5%
Q4 2024-26.8%+5.0%+16.1%
Q3 2024-21.1%-27.9%-30.4%
Q2 2024-1.4%-1.8%+0.1%
Q1 2024-0.7%+1.5%+8.0%
Q4 2023+2.3%+1.8%-1.9%
Q3 2023+9.3%+2.9%+13.4%
Q2 2023+4.2%+3.5%-17.4%
Q1 2023+5.4%+7.0%-0.8%
Q4 2022+6.9%+5.2%+15.2%
Q3 2022+8.4%+8.9%-14.5%
Q2 2022-4.3%-11.0%-29.3%
Q1 2022-0.5%-5.4%-26.4%
Q4 2021-2.0%-11.0%-7.0%
Q3 2021+14.7%+30.5%+0.8%
Q2 2021-11.8%-10.7%-12.9%
Q1 2021+4.5%+4.7%+10.9%
Q4 2020+9.1%+8.8%+8.3%
Q3 2020-1.2%-1.6%+0.5%
Q2 2020+1.8%+2.4%+7.9%
Q1 2020-10.4%-11.6%+13.1%
Q4 2019-12.9%-24.0%+7.0%
Q3 2019-2.9%-0.9%+25.0%
Q2 2019-5.0%+4.8%+31.1%
Q1 2019-1.2%-4.3%-29.7%
Q4 2018-6.4%-8.3%-6.9%
Q3 2018+26.3%+4.0%-4.6%
Q2 2018-13.7%-23.3%-32.2%
Q4 2017+10.8%-6.3%+2.1%
Q1 2018+10.8%-6.3%+2.1%
Q3 2017+3.9%+3.9%+140.0%
Q2 2017+0.0%+0.0%-10.5%
Q1 2017+0.0%+6.7%+36.7%
Q1 2016+4.0%+4.0%+0.0%
Q3 2016-4.8%
Q2 2016-12.9%
Q1 2015-6.5%
Q3 2015-3.2%
Q2 2015+0.0%
Q2 2014+15.6%
Q4 2013
Q3 2013+1.6%
Q2 2013+13.5%
Q1 2013-13.3%
Q4 2012-2.2%
Q3 2012-9.1%
Q2 2012-40.5%
Q1 2012+0.0%
Q4 2011
Q3 2011+83.3%
Q2 2011+0.5%
Q1 2011-0.5%
Q4 2010-3.9%
Q3 2010+19.0%
Q2 2010+0.0%
Q1 2010-2.1%
Q4 2009+9.9%

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