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MultiPlan Expects 2024 Revenues Of $930M-$940M Compared With Prior Guidance $935M-$955M And Consensus Of $939.207M

Author: Benzinga Newsdesk | November 05, 2024 07:12am

2024 Financial Guidance

The Company is updating certain metrics for its full-year 2024 guidance, as detailed in the table below:

Financial Metric Prior FY 2024 Guidance Updated FY 2024 Guidance
Revenues $935 million to $955 million $930 million to $940 million
Adjusted EBITDA $580 million to $595 million $580 million to $590 million
Interest expense $320 million to $330 million (unchanged)
Cash flow from operations $135 million to $150 million $135 million to $145 million
Capital expenditures $120 million to $130 million (unchanged)
Depreciation $80 million to $90 million (unchanged)
Amortization of intangible assets $345 million to $350 million (unchanged)
Effective tax rate 25% to 28% (unchanged)

Posted In: MPLN

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