Alignment Healthcare Inc is a leading healthcare company that focuses on providing innovative and personalized health care solutions, primarily for seniors
The company utilizes a technology-driven approach to deliver high-quality, value-based care, ensuring that patients receive tailored support and resources to manage their health effectively. By leveraging data analytics and a network of healthcare professionals, Alignment aims to improve health outcomes while enhancing patient experiences and reducing healthcare costs. The company emphasizes preventive care and proactive health management, positioning itself as a pivotal player in the evolving landscape of healthcare services for aging populations.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the health insurance providers stocks, including Progyny (NASDAQPGNY) and its peers.
Shares of health insurance company Alignment Healthcare (NASDAQALHC)
jumped 17.5% in the afternoon session after the company reported strong fourth-quarter 2024 results and provided optimistic full-year revenue and EBITDA guidance, exceeding analysts' expectations. Sales jumped 50.7% from last year, fueled by a 58.6% rise in health plan members, reaching 189,100 by year-end. Profitability improved as the company logged its first full year of positive adjusted EBITDA. Zooming out, this quarter underscored the company's ability to scale efficiently while positioning itself for sustained growth.
Health insurance company Alignment Healthcare (NASDAQALHC) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 50.7% year on year to $701.2 million. On top of that, next quarter’s revenue guidance ($887.5 million at the midpoint) was surprisingly good and 4.1% above what analysts were expecting. Its GAAP loss of $0.16 per share was 11% above analysts’ consensus estimates.
ORANGE, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), today announced that it will present at the following conferences:
ORANGE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), today reported financial results for its fourth quarter and full year ended Dec. 31, 2024.
Alignment Healthcare has been on fire lately. In the past six months alone, the company’s stock price has rocketed 60.1%, reaching $13.88 per share. This performance may have investors wondering how to approach the situation.
ORANGE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), will release its fourth quarter and full-year 2024 financial results on Thursday, Feb. 27, 2025, after market close. Following the release, the company will host a conference call to review its financial results at 5 p.m. EST.
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ORANGE, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), an award-winning Medicare Advantage (MA) company, today announced Jan. 1 health plan membership of approximately 209,900, representing a 35% year-over-year increase in health plan membership when compared to membership as of Jan. 1, 2024. Additionally, the company expects to have 225,000 to 231,000 health plan members as of Dec. 31, 2025, representing growth of approximately 22% to 25% relative to the midpoint of its year-end 2024 membership guidance provided on Oct. 29, 2024.
ORANGE, Calif. , Dec. 30, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), today announced that it will present at the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco on Wednesday, Jan. 15, at 11:15 a.m. PST.
ORANGE, Calif. , Dec. 20, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), today announced that it will present at the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco on Wednesday, Jan. 15, at 1:30 p.m. PST.
ORANGE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), today announced that it will present at the following conferences:
ORANGE, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQALHC), will release its third quarter 2024 financial results on Tuesday, Oct. 29, 2024, after market close. Following the release, the company will host a conference call to review its financial results at 5 p.m. EDT.
