Claritev Q2 revenue and adj EBITDA beat estimates, raises 2026 outlook

Claritev

07/08/2026 10:13

Overview
US healthcare data and insights firm's Q2 revenue grew 6.6% yr/yr, beating analyst expectations
Q2 adjusted EBITDA rose 1.1% and beat analyst expectations
Company raised full-year 2026 revenue and adjusted EBITDA guidance

Outlook
Claritev raises FY 2026 revenue guidance to $1 bln-$1.02 bln
Company expects FY 2026 Adjusted EBITDA of $610 mln-$620 mln
Claritev sees FY 2026 free cash flow of $5 mln-$15 mln

Result Drivers
PORTFOLIO EXPANSION - Co said a broader portfolio of solutions and entry into new sales verticals supported revenue growth
STRONG BOOKINGS - Co reported notable strength in bookings, especially in the TPA market, with several large transactions
FAVORABLE MARKET TRENDS - Management said favorable market trends helped drive return to top-line growth

Company press release: ID:nBw2GTYm4a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$257.48 mln
$244.81 mln (4 Analysts)
Q2 Net Loss
 
$59.23 mln
 
Q2 Adjusted EBITDA
Beat
$155.80 mln
$147 mln (4 Analysts)
Q2 Operating Income
Beat
$23.41 mln
$8.70 mln (1 Analyst)
Q2 Pretax Loss
Beat
$76.65 mln
$91.99 mln (3 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for Claritev Corp is $37.50, about 39.7% above its August 6 closing price of $26.84

Reuters Recommended Reads
Aug 6 - CareCloud Q2 revenue rises 16%, slightly beats estimates
Aug 6 - Health Catalyst Q2 adjusted EBITDA beats estimates
Aug 5 - Thomson Reuters lifts full-year revenue forecast with focus on AI rollout

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)