Waystar Holding Corp. has announced its preliminary second quarter 2025 financial results, reporting an expected revenue of approximately $271 million. This figure represents an approximate 15% growth compared to the same period last year. These estimates are based on the management's initial analysis of operations for the quarter. Additionally, Waystar anticipates that the acquisition of Iodine Software will be immediately accretive to its gross margin and adjusted EBITDA margin. The transaction is expected to expand Waystar's total addressable market by more than 15% and is projected to enhance revenue growth and non-GAAP net income per diluted share in 2027. The acquisition is set to close by the end of 2025, pending customary closing conditions and regulatory approvals.
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