CTEV Q2 2023 Earnings — Claritev Corporation Revenue & Financial Results | Market Cap Arena

CTEVClaritev Corporation

$276M

Q2 2023 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$238M-18.0% YoY

Gross Profit

$179M75.2% margin

Operating Income

$35M14.6% margin

Net Income

-$36M-15.3% margin

EPS (Diluted)

$-2.26

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$24M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$5.4B

Stockholders' Equity

$1.8B

Cash & Equivalents

$90M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$238M	$290M	-18.0%
Gross Profit	$179M	$240M	-25.5%
Operating Income	$35M	$98M	-64.5%
Net Income	-$36M	$14M	-369.2%