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CTEV $20.86 -1.46%
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CTEV · Claritev Corp
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$20.86 -0.31 (-1.46%)
Market Cap
$363.18M
Shares
16.95M
Volume · Oct 1 59.85K Avg daily vol (3M) 125.73K
All earnings calls

Earnings call · FY2024 Q2

Claritev Corp (CTEV) Q2 2024 Earnings Call

Concluded Aug 1, 2024
Aug 1, 2024 0 turns
Period
FY2024 Q2
Runtime
—
Sources
2 artifacts

Executive readout · one minute

Call research workspace

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Forward guidance

9 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Revenue $233.48M -1.9% YoY
Diluted EPS -$35.78
Net income -$576.73M

Research materials

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Forward guidance

From the 8-K filed Aug 1, 2024.

Metric Guided Actual
Revenues table Lowered
full-year 2024
$935M – $955M $930.62M below
Interest expense table Maintained
full-year 2024
$320M – $330M —
Capital expenditures table Maintained
full-year 2024
$120M – $130M —
Cash flow from operations table Lowered
full-year 2024
$135M – $150M —
Depreciation table Maintained
full-year 2024
$80M – $90M —
Amortization of intangible assets table Maintained
full-year 2024
$345M – $350M —
Revenues Initiated
Q3 2024
$230M – $245M $230.5M within
Effective tax rate table Maintained
full-year 2024
25% – 28% —
Adjusted EBITDA Initiated
Q3 2024
$140M – $150M —

Quarter detail

How the reported period landed and where the business moved.

Result vs. guidance

Revenue Below

Revenue · products & services

Analytic Based Services$159.90M
Network Services$45.72M
Payment and Revenue Integrity Services$27.86M
Full-screen source Call document