Waystar Holding (WAY) reported Q1 non-GAAP earnings late Wednesday of $0.32 per diluted share, up from $0.20 a year earlier.

Analysts polled by FactSet expected $0.32.

Revenue for the quarter that ended March 31 was $256.4 million, up from $224.8 million a year earlier.

Analysts surveyed by FactSet expected $248.3 million.

The company said it now expects 2025 non-GAAP EPS of $1.31 to $1.34 on revenue of $1.01 billion to $1.02 billion. In February, Waystar projected full-year non-GAAP EPS of $1.29 to $1.32 on revenue of $1 billion to $1.02 billion.

Analysts are looking for $1.32 and $1.02 billion, respectively.

The company's shares were up 4.9% in recent premarket activity Thursday.