Waystar: Q1 Earnings Snapshot
LEHI, Utah (AP) — LEHI, Utah (AP) — Waystar Holding Corp. (WAY) on Wednesday reported first-quarter earnings of $29.3 million.
On a per-share basis, the Lehi, Utah-based company said it had profit of 16 cents. Earnings, adjusted for one-time gains and costs, were 32 cents per share.
The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share.
The health care payments software maker posted revenue of $256.4 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $248.1 million.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
UAE defense firm EDGE lands $2.5B Kuwait ship deal
Kuwait's Ministry of Defence agreed to buy eight patrol ships from Abu Dhabi-based defense contractor EDGE, in a deal valued at 9 billion dirhams ($2.45 billion). The Falaj-3 class gunships, already in service with the UAE Navy, mark their first international order, a significant milestone for the government-owned EDGE, which is pushing to grow exports. The 62-meter missile boats will be built by EDGE's subsidiary Abu Dhabi Ship Building, with other units providing ammunition and specialized systems. Gulf countries are ramping up naval spending, long overshadowed by air and land forces, amid rising maritime threats in the Gulf and Red Sea.
Yahoo
21 minutes ago
- Yahoo
NATO chief calls for 400% boost in the alliance's missile defenses
LONDON (AP) — NATO members need to increase their air and missile defenses by 400% to counter the threat from Russia, the head of the military alliance plans to say on Monday. Secretary-General Mark Rutte will say during a visit to London that NATO must take a 'quantum leap in our collective defense' to face growing instability and threats, according to extracts released by NATO before Rutte's speech. Rutte is due to meet U.K. Prime Minister Keir Starmer at 10 Downing St. ahead of a NATO summit in the Netherlands where the 32-nation alliance is likely to commit to a big hike in military spending. Like other NATO members, the U.K. has been reassessing its defense spending since Russia's full-scale invasion of Ukraine in February 2022. Starmer has pledged to increase British defense spending to 2.5% of gross domestic product by 2027 and to 3% by 2034. Rutte has proposed a target of 3.5% of economic output on military spending and another 1.5% on 'defense-related expenditure' such as roads, bridges, airfields and sea ports. He said last week he is confident the alliance will agree to the target at its summit in The Hague on June 24-25. At the moment, 22 of the 32 member countries meet or exceed NATO's current 2% target. The new target would meet a demand by U.S. President Donald Trump that member states spend 5% of gross domestic product on defense. Trump has long questioned the value of NATO and complained that the U.S. provides security to European countries that don't contribute enough. Rutte plans to say in a speech at the Chatham House think tank in London that NATO needs thousands more armored vehicles and millions more artillery shells, as well as a 400% increase in air and missile defense. 'We see in Ukraine how Russia delivers terror from above, so we will strengthen the shield that protects our skies,' he plans to say. 'Wishful thinking will not keep us safe. We cannot dream away the danger. Hope is not a strategy. So NATO has to become a stronger, fairer and more lethal alliance.' European NATO members, led by the U.K. and France, have scrambled to coordinate their defense posture as Trump transforms American foreign policy, seemingly sidelining Europe as he looks to end the war in Ukraine. Last week the U.K. government said it would build new nuclear-powered attack submarines, prepare its army to fight a war in Europe and become 'a battle-ready, armor-clad nation.' The plans represent the most sweeping changes to British defenses since the collapse of the Soviet Union more than three decades ago.
Yahoo
21 minutes ago
- Yahoo
Ohio senators work to ensure groups like LifeWise can send items back with students
COLUMBUS, Ohio (WCMH) — The Ohio Senate proposed requiring school districts to allow organizations like LifeWise to send trinkets, candy and other materials with students when they return to school. The Ohio Senate adjusted Ohio's release time for religious instruction law in its recently released draft of the state budget. Under the Senate's changes, public districts would have to allow RTRI organizations to send materials back with students and permit instruction on a near-weekly basis. The Spectrum: Lt. Gov. Tressel; Ohio budget; defense contractor setting up in central Ohio RTRI refers to legal religious instruction that occurs during the school day, off school property and with parental permission. Ohio's RTRI law recently changed; as of April 9, all public school districts have to allow religious release time, although districts have a lot of freedom in what those policies look like. If the budget passes in its current form, public districts like Columbus City Schools will have to adjust its policies. The Senate budget says districts must allow a minimum of 33 religious release lessons per school year and that schools' RTRI policies are not allowed to 'prohibit students from bringing external educational and program materials into school.' Several central Ohio schools have implemented policies prohibiting organizations from sending students back with trinkets, candy or materials to minimize disruptions. When Ohio's biggest school district, Columbus City Schools, banned organizations from distributing materials to take back to school, LifeWise founder and CEO Joel Penton said not distributing materials would not affect how families choose to participate in LifeWise. In April, LifeWise initiated a lawsuit over policies like CCS's. See previous coverage of CCS's policy change in the video player above. LifeWise, a Hilliard-based RTRI organization that has expanded biblical education nationwide, sued Ohio educational consultant firm Neola for its sample policies, which included an option ban on distributing materials. Using First Liberty Institute's legal team, LifeWise alleged Neola's sample RTRI policies violated the First Amendment. Ohio State announces every student will use AI in class Neola senior advisor Patrick Corbett told NBC4 in April that Neola shared the policy with its hundreds of clients, all Ohio public school districts, that then chose which parts to include. LifeWise warned Neola that school districts that choose to adopt the policies it was challenging would open themselves up to lawsuits. NBC4 reached out to LifeWise for comment on the Senate budget but was referred to Jeremy Dys, senior counsel at First Liberty, who represents LifeWise in its Neola case. Dys said since April, Neola has acknowledged the concerns and agreed to share them with their clients, although Neola client CCS's policy remains unchanged. Dys said he is glad to see Ohio take a stand against those policies in the state budget. 'Ohio is to be commended for its commitment to accommodate the schedules of its students to give parents the opportunity to seek a program of outside religious instruction,' Dys said. The state budget draft also acknowledges RTRI organizations' concerns about districts limiting how often students can go to those programs. These were the closest races in Ohio's primary election A school year in Ohio lasts around 36-40 weeks, with the state mandating 910 hours of instruction for K-6 grades and 1,001 for grades 7-12, with districts meeting those requirements on their own schedules. By requiring school districts to permit at least 33 RTRI sessions each year, the budget would ensure students can attend on a near-weekly basis. Ohio Attorney General Dave Yost warned school districts in April against stopping RTRI groups from distributing materials or severely limiting how frequently students can attend. He agreed that banning materials could constitute a First Amendment violation and that limiting meetings could be interpreted as not properly complying with the law. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
