Oscar Health Misses Q3 Revenue, Loss Widens To $129 Million Despite Membership Surge

1. OSCR's Q3 revenue was $2.99 billion, below expectations of $3.08 billion. 2. Total membership increased from 1.65 million to 2.12 million in Q3. 3. OSCR reported a loss of 53 cents per share, missing the forecast. 4. Medical loss ratio was 88.5%, higher than 84.6% last year. 5. CEO projects profitable growth and improved margins by 2026.