MultiPlan Q2 revenue $290.1M (+5% YoY); net income $13.5M vs loss; maintains FY2022 guidance; director change

Claritev Corp

2022-Q2 EPS reported $0.09 revenue$588,174,000

Q2 revenue $290.1M, up 5.0% YoY; net income $13.5M vs net loss $46.9M in Q2 2021.
Adjusted EBITDA $209.6M, up 2.1% YoY; Free Cash Flow $21.8M vs $14.8M.
Maintains FY2022 guidance: revenue $1.16-1.20B, Adj EBITDA $850-875M, cash from ops $380-420M.
Director Paul Emery resigned effective Aug 2; replaced by Michael K. Attal (Hellman & Friedman designee).

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Michael K. Attal

Director

CTEV · Claritev Corp

Effective: 2022-08-02
Filed: August 4, 2022, 7:59 PM ET

Effective August 2, 2022, the Board elected Michael K. Attal to the Board as a Class I director to fill the vacancy resulting from Mr. Emery’s resignation.

Departed

Paul D. Emery

Director

CTEV · Claritev Corp

Effective: 2022-08-02
Successor: Michael K. Attal
Filed: August 4, 2022, 7:59 PM ET

Paul D. Emery, a member of the Board of Directors (the “Board”) of the Company, notified the Board that, in connection with the end of his employment with Hellman & Friedman, LLC, he was resigning as a director of the Company effective as of the end of the meeting of the Board on August 2, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael K. Attal was elected as Director at Claritev Corp.

Action: elected
Role: Director

Exact text from the filing

Effective August 2, 2022, the Board elected Michael K. Attal to the Board as a Class I director to fill the vacancy resulting from Mr. Emery’s resignation.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul D. Emery resigned as Director at Claritev Corp.

Action: resigned
Role: Director

Exact text from the filing

Paul D. Emery, a member of the Board of Directors (the “Board”) of the Company, notified the Board that, in connection with the end of his employment with Hellman & Friedman, LLC, he was resigning as a director of the Company effective as of the end of the meeting of the Board on August 2, 2022.

View on SEC.gov

Claritev Corp filing history →

Source: SEC EDGAR

accession 0001793229-22-000092

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.