Company OutlookDespite bullish commentary, there is low visibility into the company's performance, resulting in a reiteration of a Neutral rating.
Financial PerformanceALHC reported a 4Q23 adj. EBITDA loss of (-$19.7)mn, missing estimates.
Guidance MetricsALHC had a weak quarter across its key margin guidance metrics, as revenue and membership came in better but costs were above expectations.