Waystar Holding Corp. (NASDAQ: WAY) reported strong Q4 results on Tuesday, with non-GAAP net income of $0.29 per diluted share and revenue of $244.1 million, surpassing analyst expectations of $0.14 EPS and $232.2 million revenue. However, the company's stock plummeted 5.05% during Tuesday's trading session.
The decline appears to be driven by Waystar's 2025 guidance, which projected diluted non-GAAP net income per share of $1.29 to $1.32 on total revenue of $1 billion to $1.02 billion. While this guidance represents year-over-year growth, it fell short of analyst expectations for non-GAAP EPS of $0.82 and revenue of $1 billion, potentially disappointing investors and leading to the sell-off.
The stock plummet occurred intraday on Tuesday, with Waystar Holding Corp. closing the trading session at a 5.05% decline from the previous close.