earnings
confidence high
sentiment positive
materiality 0.75
Waystar Q3 revenue up 22% YoY to $240M; raises FY2024 revenue guidance to $926-934M
Waystar Holding Corp.
2024-Q3 EPS reported
-$0.27
revenue$699,447,000
- Revenue $240.1M (+22% YoY); net income $5.4M, GAAP EPS $0.03, non-GAAP EPS $0.14.
- Adjusted EBITDA $96.7M (40% margin); operating cash flow $79M; Unlevered FCF $89M.
- Clients >$100K: 1,173 (+14% YoY); NRR 109%; subscription $118M (+16%), volume-based $120.7M (+28%).
- FY2024 guidance: rev $926-934M, Adj EBITDA $374-378M, non-GAAP EPS $0.30-0.32.