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Waystar Holding Corp. (WAY)
:WAY
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.28Last Year’s EPS
-0.04Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -9.59%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
Waystar demonstrated strong financial performance and strategic achievements, such as record revenue growth, successful IPO, and innovative AI solutions. Although there was a slight concern about potential volume growth slowdown, the overall performance was robust, and the company is well-positioned for future growth.Company Guidance
In the fourth quarter of fiscal year 2024, Waystar reported a revenue of $244 million, reflecting an 18% year-over-year increase, which contributed to a full-year revenue of $944 million, or a 19% year-over-year growth. The company achieved a net revenue retention rate of 110%, and the number of clients generating more than $100,000 in trailing 12-month revenue increased by 15% to 1,203. Adjusted EBITDA for the quarter was $100 million, a 16% increase year-over-year, with an adjusted EBITDA margin of 41%, resulting in a full-year margin of 40.6%. Unlevered free cash flow for the quarter was $80 million, bringing the fiscal 2024 total to $265 million, with a conversion rate of 69% from adjusted EBITDA. Looking ahead to fiscal year 2025, Waystar provided guidance of $1 billion to $1.16 billion in revenue, representing 7% growth, or 10% on a normalized basis, with an adjusted EBITDA range of $399 million to $407 million and a continued target of approximately 40% adjusted EBITDA margin.Record Revenue Growth
Waystar achieved a revenue of $244 million in Q4 2024, marking an 18% year-over-year increase. The full year revenue reached $944 million, representing a 19% growth from the previous year.
Successful IPO
Waystar completed its IPO in June, raising approximately $1 billion, which bolstered its financial position for continued growth and innovation.
High Net Revenue Retention
Net revenue retention stood at 110% in Q4, at the high end of Waystar's historical range over the past ten quarters.
Strong Adjusted EBITDA Performance
Adjusted EBITDA for Q4 was $100 million, a 16% increase year-over-year, with full-year margins at 40.6%.
Innovation in AI and Automation
Launch of Waystar AltitudeAI, with capabilities like Altitude Create, improved denial recovery efficiency, saving clients an average of 16 minutes per appeal package.
Recognition and Awards
Waystar was recognized as one of America's most trusted companies by Forbes and named one of the best workplaces in healthcare by Fortune.
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WAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $45.35 | $45.11 | -0.53% |
| Nov 06, 2024 | $29.44 | $31.69 | +7.64% |
| Aug 07, 2024 | $21.58 | $23.84 | +10.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Waystar Holding Corp. (WAY) report earnings?
Waystar Holding Corp. (WAY) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Waystar Holding Corp. (WAY) earnings time?
Waystar Holding Corp. (WAY) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WAY EPS forecast?
WAY EPS forecast for the fiscal quarter 2025 (Q1) is 0.28.
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