By Terell Wright
Claritev shares rose Friday after the company's third-quarter revenue exceeded expectations, leading to a raised full-year revenue outlook.
Shares rose 12.8% to $69.87 in recent trading, and have risen fourfold year-to-date.
The McLean, Va.-based healthcare technology company narrowed its third-quarter loss to $69.8 million, or $4.23 a share, from a loss of $391.5 million, or $24.25 a share, a year earlier. Analysts expected a loss of $3.59 a share.
Revenue rose 6.7% to $246 million, beating Wall Street's estimate of $235.8 million.
It now expects revenue to rise 2.8% to 3.2% for the year, compared with a prior view of up to 2%.
Write to Terell Wright at terell.wright@wsj.com
(END) Dow Jones Newswires
November 07, 2025 10:39 ET (15:39 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.