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Alignment Healthcare (NASDAQ:ALHC – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.14. Alignment Healthcare had a negative net margin of 1.53% and a negative return on equity of 43.68%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $960.25 million. During the same quarter in the prior year, the business earned ($0.13) earnings per share. The business’s quarterly revenue was up 49.0% compared to the same quarter last year.
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Alignment Healthcare (NASDAQ:ALHC) Issues Quarterly Earnings Results, Beats Expectations By $0.14 EPS