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