Performant Financial Sees FY23 Revenue $111.75M-$118M Vs $112.7M Est.
Portfolio Pulse from Benzinga Newsdesk
Performant Financial has updated its FY23 revenue guidance to $111.75M-$118M, compared to the estimated $112.7M. The company maintains its annual healthcare market guidance of $105M-$110M and customer care market revenues of $6.75M-$8M. The company is also excited about its new credit agreement which provides increased flexibility to grow the business.
November 08, 2023 | 1:04 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Performant Financial's updated FY23 revenue guidance is slightly below the estimated $112.7M, but the company maintains confidence in its healthcare and customer care market revenues. The new credit agreement is expected to provide increased flexibility for business growth.
Performant Financial's updated FY23 revenue guidance is slightly below the estimated $112.7M, which might cause some investor concern. However, the company's confidence in its healthcare and customer care market revenues, as well as the new credit agreement, could offset these concerns and provide potential for business growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100