MultiPlan Expects FY24 Revenues Of $1.00B-$1.03B (Vs. $1.01B Est.); Adjusted EBITDA Of $630M-$650M
Portfolio Pulse from Benzinga Newsdesk
MultiPlan projects its FY24 revenues to be between $1.00 billion and $1.03 billion, aligning closely with the estimated $1.01 billion. The company also forecasts its adjusted EBITDA to range from $630 million to $650 million.
February 29, 2024 | 11:10 am
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MultiPlan expects FY24 revenues of $1.00B-$1.03B, in line with estimates, and adjusted EBITDA of $630M-$650M.
The revenue and EBITDA forecasts provided by MultiPlan are closely aligned with market expectations, indicating a positive outlook for the company's financial health. This alignment with estimates suggests stability and potential growth, likely leading to a positive short-term impact on MPLN's stock price.
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IMPORTANCE 90
RELEVANCE 100