Performant Healthcare, Inc. (Nasdaq: PHLT) has announced its preliminary financial results for the second quarter of 2025. The company anticipates reporting revenues of approximately $37.8 million and a net income of about $2.1 million. Additionally, Performant expects an adjusted EBITDA of roughly $6.2 million for the quarter ended June 30, 2025. In a separate announcement, Performant disclosed its entry into a definitive agreement to be acquired by Machinify, a healthcare intelligence leader and portfolio company of New Mountain Capital. Consequently, Performant has canceled its second quarter results conference call that was originally scheduled for August 5, 2025, and has withdrawn its previously issued full-year 2025 guidance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Performant Healthcare Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250801947280) on August 01, 2025, and is solely responsible for the information contained therein.
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