Oscar(OSCR) - 2024 Q2 - Quarterly Results

Oscar Health, Inc. ir.hioscar.com News Release Oscar Health Announces Results for Second Quarter 2024 and Raises Full Year Revenue and Adjusted EBITDA Outlook August 7, 2024 • For the quarter ended June 30, 2024: ◦ Total Revenue of $2.2 billion, a 46% increase YoY ◦ Medical Loss Ratio of 79.0%, a 90 bps improvement YoY ◦ SG&A Expense Ratio of 19.6%, a 260 bps improvement YoY ◦ Net income attributable to Oscar of$ 56.2 million, or $0.20 of diluted earnings per share, a$ 71.7 million improvement YoY ◦ Adjuste ...