MultiPlan (MPLN) - 2024 Q1 - Quarterly Results
MultiPlan (MPLN)2024-05-08 18:05
EXHIBIT 99.1 RELEASE MultiPlan Reports First Quarter 2024 Results – Q1 2024 Revenues of $234.5 million, Net Loss of $539.7 million (including a $519.1 million impairment of goodwill and indefinite-lived intangible assets), and Adjusted EBITDA of $146.8 million – Identified potential medical cost savings of approximately $5.7 billion in Q1 2024, up 3% from Q1 2023 and down 3% from Q4 2023 – Repurchased or repaid $24.4 million of face value of debt, including $21.1 million of 6.0% Senior Convertible PIK Notes ...