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Performant Financial Corp - PFMT STOCK NEWS

Welcome to our dedicated news page for Performant Financial (Ticker: PFMT), a resource for investors and traders seeking the latest updates and insights on Performant Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Performant Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Performant Financial's position in the market.

Rhea-AI Summary
Performant Financial (Nasdaq: PFMT) is set to report its first quarter 2024 earnings on May 7, 2024. The company, operating under Performant Healthcare Solutions, specializes in technology-enabled payment integrity, eligibility, and analytics services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.25%
Tags
conferences earnings
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Rhea-AI Summary
Performant Financial (PFMT) announced the strategic acquisition of AI technology assets from RecordsOne to enhance cost containment workflows in healthcare. The acquisition aims to automate labor-intensive activities and boost audit accuracy and efficiency using advanced domain analytics and natural language processing. The integration of RecordsOne's technology with Performant's data assets is expected to drive successful outcomes and elevate audit offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.58%
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Rhea-AI Summary
Performant Financial Corporation (PFMT) reported strong financial results for Q4 and full year 2023, with total revenues of $32.6 million and $113.7 million respectively. Healthcare revenues showed significant growth, leading to a net income of $1.3 million for Q4 and a net loss of $7.5 million for the full year. Adjusted EBITDA improved to $4.5 million in Q4 and $3.4 million for the full year. The company aims for continued growth in 2024 with revenue guidance of $117M to $122M and adjusted EBITDA of $4M to $5M.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.93%
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Rhea-AI Summary
Performant Financial Corporation (PFMT) to participate in the 36th Annual Roth Conference to discuss recent results and strategies with investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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conferences
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Rhea-AI Summary
Performant Financial Corporation (PFMT) appoints Dr. Shantanu Agrawal, M.D. to its Board of Directors, bringing expertise in healthcare policy and payment integrity. Dr. Agrawal's background includes executive roles at Elevance Health and CMS, shaping payment integrity programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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management
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Rhea-AI Summary
Performant Financial Corporation (PFMT) will report its Q4 and full-year 2023 results on March 12, 2024. The company, known for payment integrity services, will host a conference call to discuss the results. Participants can join via telephone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
conferences earnings
Rhea-AI Summary
Performant Financial Corporation (PFMT) to participate in 14th Annual Craig-Hallum Alpha Select Conference in New York City. CFO to share recent results, achievements, and strategies with investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.02%
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conferences
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Rhea-AI Summary
PFMT: Performant Financial Corporation Reports 21% Increase in Healthcare Revenues in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.26%
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-
Rhea-AI Summary
Performant Financial Corporation (Nasdaq: PFMT) has completed a refinancing of its existing credit facility with a new credit facility with Wells Fargo. The new facility has a $25 million revolving loan commitment, with the potential to increase by an additional $10 million. Performant is a leading provider of technology-enabled payment integrity, eligibility, and analytics services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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none
Rhea-AI Summary
Performant Financial Corporation (Nasdaq: PFMT) will report its Q3 2023 results on November 7, 2023, after the market closes. The company will also hold a conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.24%
Tags
conferences earnings
Performant Financial Corp

Nasdaq:PFMT

PFMT Rankings

PFMT Stock Data

188.46M
53.00M
10.65%
74.54%
0.82%
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United States
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About PFMT

billions of dollars are lost each year to waste, improper payments and unpaid debts. performant helps organizations enhance revenue and contain costs by preventing, identifying and recovering outstanding and improperly paid assets. we apply our experienced staff and proprietary technology to make an immediate financial impact for our clients. why we are different: + seasoned experts. our experts understand the intricacies of your industry—helping guide resources and achieve results. + recovery infrastructure. our infrastructure is built on workflow technologies and processes that can scale to manage accounts ranging to billions of dollars per client. + analytics. our analytics are powered by a proprietary data processing platform that can analyze huge data sets with ease, precision and speed. talk to us to find out how performant can accelerate your path to value. performant has more than 1,500 employees and five offices locations. we are publicly traded under pfmt (nasdaq).