earnings
confidence high
sentiment negative
materiality 0.85
Claritev Q4 rev $232.1M (-4.9%), net loss $138M; FY net loss $1.65B; guidance rev -2% to flat
Claritev Corp
2024-FY EPS reported
-$101.92
revenue$930,624,000
- Q4 2024 revenue $232.1M, down 4.9% YoY; net loss $138.0M vs $31.4M loss a year ago.
- FY2024 revenue $930.6M, down 3.2% YoY; net loss $1,645.8M vs $91.7M; adj. EBITDA $576.7M vs $618.0M.
- FY2025 guidance: revenue flat to down 2%, adj. EBITDA margin 62.5%-63.5%, free cash flow $(65)-$(75)M.
- FY2024 free cash flow negative $10.5M vs positive $62.9M; operating cash flow $107.6M vs $171.7M.
- Debt refinancing with 99.75% participation completed; company rebranded as Claritev from MultiPlan.