Shares of Waystar Holding Corp (NASDAQ:WAY) surged 6.00% in after-hours trading on Wednesday following the release of its impressive first-quarter 2025 financial results and an upward revision of its full-year guidance.
The healthcare payment software provider reported quarterly earnings of $0.32 per share, meeting analyst expectations and marking a significant 60% increase from the same period last year. Waystar's quarterly sales reached $256.44 million, surpassing the analyst consensus estimate of $248.05 million by 3.38% and representing a 14.08% year-over-year growth.
Adding to the positive sentiment, Waystar raised its full-year 2025 guidance. The company now expects total revenue between $1.006 billion and $1.022 billion, up from its previous forecast. Additionally, Waystar projects adjusted EBITDA between $406 million and $414 million for the year. CEO Matt Hawkins expressed confidence in the company's performance, citing "strong momentum" and "double-digit revenue growth" for the fourth consecutive quarter as a public company.