By Elias Schisgall
Claritev shares plunged after the company's 2026 outlook for revenue and adjusted earnings disappointed Wall Street investors.
Shares fell 37% to $14.67 in midday Tuesday trading. The stock has fallen 80% over the past six months.
The healthcare technology company on Monday reported a loss of $80.6 million, or $4.88 a share, compared with a loss of about $138 million, or $8.53 a share, in the year-ago period.
Revenue rose to $246.6 million, up from $232.1 million a year prior. Analysts were expecting $241 million in revenue.
For the current year, the company said it expects revenue between $980 million and $1 billion and adjusted earnings before interest, taxes, depreciation, and amortization of between $605 million and $615 million.
Analysts were expecting revenue of $996.1 million and adjusted Ebitda of $620.8 million as of late January, prior to the earnings release.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 24, 2026 11:51 ET (16:51 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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