Alignment Healthcare Inc
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
ALHC$7.27-1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(amounts in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues: | ||
| Earned premiums | $621,556 | $434,812 |
| Other | 7,045 | 4,343 |
| Total revenues | 628,601 | 439,155 |
| Expenses: | ||
| Medical expenses | 573,218 | 396,315 |
| Selling, general, and administrative expenses | 90,512 | 70,408 |
| Depreciation and amortization | 5,977 | 4,921 |
| Total expenses | 669,707 | 471,644 |
| Loss from operations | (41,106) | (32,489) |
| Other expenses: | ||
| Interest expense | 5,427 | 5,019 |
| Other expenses (income) | 42 | (138) |
| Total other expenses | 5,469 | 4,881 |
| Loss before income taxes | (46,575) | (37,370) |
| Provision for income taxes | — | 1 |
| Net loss | $(46,575) | $(37,371) |
| Less: Net loss attributable to noncontrolling interest | 54 | 87 |
| Net loss attributable to Alignment Healthcare, Inc. | $(46,521) | $(37,284) |
| Total weighted-average common shares outstanding - basic and diluted | 189,005,394 | 183,113,945 |
| Net loss per share - basic and diluted | $(0.25) | $(0.20) |
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