Agilon Health shares surge 11.98% intraday as Q3 revenue exceeds expectations despite weaker business performance, serving 502,800 Medicare Advantage members via a platform model.

Agilon Health surged 11.98% in intraday trading, as Q3 revenue exceeded analyst expectations despite a 1.1% year-over-year decline to $1.44 billion. The company serves approximately 502,800 Medicare Advantage members through a platform model empowering primary care physicians to transition to value-based care.