Claritev reports a wider-than-expected GAAP loss but exceeds revenue forecasts for the quarter by $6.11M.
Claritev reported a GAAP loss per share of $4.41, missing estimates by $0.34. The company’s revenue reached $244.7M, surpassing expectations by $6.11M.
Analysts had anticipated a narrower loss and slightly lower revenue for the period. The prior quarter’s results were not immediately comparable due to seasonal adjustments.
Shares showed limited movement in after-hours trading as investors weighed the mixed results.