NYSE$CTEV
Claritev Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported Q4 2022 results, with revenues of $241.1 million and a net loss of $650.1 million.
MultiPlan Corporation reported a decrease in revenues to $241.1 million for Q4 2022, a 19.2% decrease over Q4 2021. The company reported a net loss of $650.1 million, including a $662.2 million impairment charge for goodwill and indefinite-lived intangible assets.
- Q4 2022 revenues were $241.1 million, a decrease of 19.2% over Q4 2021.
- Net loss for Q4 2022 was $650.1 million, compared to net income of $24.9 million for Q4 2021, primarily due to an impairment charge.
- Adjusted EBITDA for Q4 2022 was $161.5 million, compared to $223.6 million for Q4 2021.
- The company repurchased over $136 million face value of its 5.75% Notes and authorized a share repurchase program of $100 million through December 31, 2023.
Headline financials
Revenue & EPS history
Multiplan · Revenue · Quarterly
$241M
Forward guidance
The company anticipates Q1 2023 revenues between $225 million and $240 million and Adjusted EBITDA between $145 million and $160 million. Full year 2023 revenue is expected to be between $925 million and $975 million and Adjusted EBITDA between $600 million and $650 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-6.5%
Avg return
Earnings day
-5.1%
Avg return
5 days after
-3.8%
Avg return
30 days after
36%
9 / 25 earnings
Positive
+20.8%
Q1 2021
Best reaction
-32.8%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.8% | +7.7% | -2.6% | |
| Q4 2025 | -31.8% | -42.0% | -31.4% | |
| Q3 2025 | +11.8% | -5.4% | -45.2% | |
| Q1 2025 | +4.2% | +7.5% | +95.1% | |
| Q4 2024 | -32.8% | -28.1% | -24.8% | |
| Q3 2024 | -6.5% | -3.4% | -22.6% | |
| Q2 2024 | -23.9% | -10.2% | -47.8% | |
| Q1 2024 | +10.9% | -1.5% | -36.6% | |
| Q4 2023 | -0.9% | -13.4% | -27.6% | |
| Q3 2023 | -6.5% | -9.7% | -14.3% | |
| Q2 2023 | -8.9% | -14.0% | -17.8% | |
| Q1 2023 | -5.4% | +21.0% | +97.6% | |
| Q4 2022 | -10.2% | +10.0% | +6.0% | |
| Q3 2022 | -27.8% | -18.3% | -31.1% | |
| Q2 2022 | -12.4% | -13.4% | -33.1% | |
| Q1 2022 | +1.0% | +18.4% | +27.4% | |
| Q4 2021 | -8.0% | -18.9% | -14.4% | |
| Q3 2021 | +0.2% | -11.0% | -4.3% | |
| Q2 2021 | -6.2% | -10.5% | -20.6% | |
| Q1 2021 | +20.8% | +27.0% | +45.5% | |
| Q2 2020 | +0.5% | -0.2% | +1.9% | |
| Q4 2020 | -18.6% | -20.3% | -19.7% | |
| Q3 2020 | -4.6% | +0.7% | +20.8% | |
| Q1 2020 | +0.5% | +0.7% | +2.3% | |
| Q4 2019 | +0.5% | +0.7% | +2.3% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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