secwatch.observer — SEC 8-K summary
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Issuer:     Claritev Corp (CTEV)
CIK:        0001793229
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001793229-25-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Claritev Q4 rev $232.1M (-4.9%), net loss $138M; FY net loss $1.65B; guidance rev -2% to flat
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1793229/000179322925000018/0001793229-25-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1793229/000179322925000018/mpln-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001793229-25-000018

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