Alignment Healthcare Sees Q3 Revenue $655M-$665M vs $630.25M Est., Sees FY24 Revenue $2.61B-$2.64B vs $2.52B Est.
Portfolio Pulse from Benzinga Newsdesk
Alignment Healthcare has raised its Q3 revenue guidance to $655M-$665M, surpassing the estimated $630.25M. The company also projects FY24 revenue to be between $2.61B and $2.64B, exceeding the estimated $2.52B.
August 01, 2024 | 9:43 pm
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Alignment Healthcare has increased its Q3 revenue guidance to $655M-$665M, above the estimated $630.25M. The company also forecasts FY24 revenue to be between $2.61B and $2.64B, exceeding the estimated $2.52B.
The raised revenue guidance for both Q3 and FY24 indicates strong business performance and growth prospects, likely leading to a positive short-term impact on ALHC's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100