Waystar Holding Corp

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Waystar reports strong Q3 earnings, raises 2024 guidance confidently

Waystar's Q3 2024 performance reflects robust revenue growth, profitability, and client engagement, supported by cybersecurity initiatives and network enhancements.
The company's raised revenue guidance and strong EBITDA margins underscore confidence in future prospects and potential for sustained growth.
While facing challenges in evolving market dynamics, Waystar has opportunities to drive innovation, strengthen client relationships, and capitalize on its positive momentum.

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Waystar Holding Corp. engages in the provision of healthcare organizations with mission-critical cloud software that simplifies healthcare payments. Its enterprise-grade platform streamlines the complex and disparate processes healthcare provider clients must manage to be reimbursed correctly, while improving the payments experience for providers, patients, and payers. The company was founded in 2000 and is headquartered in Lehi, UT.

Revenue growth of 22% year-over-year Net income of $5.4 million and non-GAAP net income of $25.3 million Net income margin of 2%; Adjusted EBITDA margin of 40% LEHI, Utah and LOUISVILLE, Ky. , Nov. 6, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today reported results for the three-month period ended September 30, 2024.

Waystar Reports Third Quarter 2024 Results

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LEHI, Utah and LOUISVILLE, Ky. , Oct. 14, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial results for the third quarter ended September 30, 2024, after market close on Wednesday, November 6, 2024.

Waystar to Announce Third Quarter 2024 Financial Results on November 6, 2024

Leading health systems and providers experience increased productivity, revenue, and satisfaction with AI adoption 75% report positive ROI from AI in healthcare payments; 90% plan to boost AI investments in the near future LEHI, Utah and LOUISVILLE, Ky. , Sept. 24, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, and Modern Healthcare today announced new research that reveals how artificial intelligence (AI) transforms healthcare payments.

New Research from Waystar and Modern Healthcare Reveals AI's Transformative Impact on Healthcare Payments

Company awarded several distinctions for healthcare payments software at 2024 International Business Awards® LEHI, Utah and LOUISVILLE, Ky. , Aug. 19, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that it has been recognized with a series of Stevie® Awards as part of the 2024 International Business Awards® (IBAs).

Waystar Wins Stevie® Awards for Company of the Year and AI Solutions in Healthcare

LEHI, Utah and LOUISVILLE, Ky., Aug. 9, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt Hawkins will speak at the Canaccord Genuity Growth Conference on Tuesday, August 13, 2024, at 10:00 a.m.

Waystar CEO to Speak at Canaccord Genuity Growth Conference

Revenue growth of 20% year-over-year Net loss of $27.7 million and non-GAAP net income of $5.0 million Net loss margin of (11.8)%; Adjusted EBITDA margin of 40% LEHI, Utah and LOUISVILLE, Ky., Aug. 7, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today reported results for the three-month period ended June 30, 2024.

Waystar Reports Second Quarter 2024 Results

LEHI, Utah and LOUISVILLE, Ky. , July 17, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today it will report financial results for the second quarter ended June 30, 2024, after market close on Wednesday, August 7, 2024.

Waystar to Announce Second Quarter 2024 Financial Results on August 7, 2024

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BofA Securities analyst Allen Lutz initiated coverage on Waystar Holding Corp. WAY with a Buy rating and price forecast of $27.

Analysts Rally Behind Waystar: Predict Robust Growth and Market Share Gains Following Competitor Setback

Survey of thousands of healthcare leaders identified Waystar as providing the industry's best client experience across 18 indicators including loyalty and satisfaction LEHI, Utah and LOUISVILLE, Ky. , July 1, 2024 /PRNewswire/ -- Waystar Holding Corp. ("Waystar") (Nasdaq: WAY), a provider of leading healthcare payment software, today announced its recognition as a top client-rated software provider by Black Book™, a healthcare market research firm.

Waystar awarded top-ranking healthcare payment software platform from Black Book

Reduces Waystar's cost of capital and enhances its ability to allocate free cash flow towards growth initiatives LEHI, Utah and LOUISVILLE, Ky. , June 27, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that it has entered into an amendment to its first lien credit agreement (the "amended credit agreement") with its lenders to reprice term loans.

Waystar announces term loan repricing and credit rating upgrades from Fitch, Moody's, and S&P Global

Waystar IPO is priced at the midpoint, as shares are trading flat. WAY stock simplifies healthcare payments through its cloud-based software. Valuations are demanding, while profitability is solid, as caution is warranted due to high earnings multiples and potential AI disruption.

Waystar: Healthcare Payment Provider Goes Public

The name may conjure up memories of HBO's Succession (in which the fictional company at the center of the action is called “Waystar Royco”), but this Waystar is very much real—and it's hitting the public exchanges on Friday.

Waystar IPO: Stock price will be closely watched today as the healthcare software company debuts on Nasdaq

Health-care payments company Waystar began trading on the Nasdaq Friday. The stock opened at $21 per share, after the company priced its IPO at $21.50.

Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range

Shares of Waystar fell 2.3% below their initial public offering price in their Nasdaq Global Select Market debut on Friday, giving the healthcare payments company a valuation of $3.50 billion.

Waystar shares fall 2% in underwhelming Nasdaq debut

Waystar Holding Corp., a healthcare-payments software company, said its initial public offering priced at $21.50 a share, the midpoint of its proposed price range.

Waystar is valued at about $3.7 billion in IPO that raised $967.5 million

LEHI, Utah and LOUISVILLE, Ky. , June 6, 2024 /PRNewswire/ -- Waystar Holding Corp. ("Waystar") today announced the pricing of its initial public offering of 45,000,000 shares of its common stock at a price to the public of $21.50 per share.

Waystar Announces Pricing of Initial Public Offering

Waystar, a private equity-owned vendor of software that helps hospitals and doctors' practices manage their finances, has secured enough investor commitments to plan pricing its initial public offering at the mid-point of its indicated range, people familiar with the matter said on Thursday.

Exclusive: Healthcare software firm Waystar eyes pricing IPO at midpoint of indicated range - sources

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Healthcare payments software provider Waystar launched its initial public offering (IPO). The company applied to list its shares on Nasdaq under the symbol “WAY” and said the estimated IPO price is between $20 and $23 per share, Waystar said in a Tuesday (May 28) press release.

Healthcare Payments Software Provider Waystar Launches IPO as Market Improves

Healthcare payments software provider Waystar Holding on Tuesday announced plans to raise about $1 billion in an initial public offering (IPO).

Waystar Holding Announces IPO, Plans To Raise About $1 Billion

Waystar Holding Corp., a healthcare payments software company, on Tuesday said it plans to offer 45 million shares at an estimated price range of $20 to $23 a share in its upcoming initial public offering. At the midpoint of the range, Waystar's IPO will raise about $967.5 million with underwriters JPMorgan, Goldman Sachs and Barclays.

Private equity-backed Waystar seeks to raise about $1 billion in IPO

Healthcare payments company Waystar said on Tuesday it was targeting a valuation of up to $3.83 billion in its initial public offering in the United States.

Waystar aims up to $3.83 bln valuation in US IPO

LEHI, Utah and LOUISVILLE, Ky. , May 28, 2024 /PRNewswire/ -- Waystar Holding Corp. ("Waystar") today announced the launch of its initial public offering of 45,000,000 shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission (the "SEC").

News for Waystar Holding Corp Stock (WAY)