Oscar Health raises FY24 revenue view to $9.0B-$9.1B from $8.3B-$8.4B

Consensus is for FY24 revenue $8.6B. Sees FY24 Adjusted EBITDA $160M-$210M, $35M higher than the prior range of $125M-$175M. Additionally, the Company now projects a lower SG&A Expense Ratio in the range of 19.75%-20.25%, and a modestly higher Medical Loss Ratio in the range of 80.5%-81.5%.

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