LEHI, Utah (AP) 鈥� LEHI, Utah (AP) 鈥� Waystar Holding Corp. (WAY) on Wednesday reported first-quarter profit of $43.3 million.
The Lehi, Utah-based company said it had net income of 22 cents per share. Earnings, adjusted for one-time gains and costs, were 42 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.
The health care payments software maker posted revenue of $313.9 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $312.4 million.
Waystar expects full-year earnings in the range of $1.59 to $1.68 per share, with revenue in the range of $1.27 billion to $1.29 billion.
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