MultiPlan (MPLN) Scheduled to Post Quarterly Earnings on Wednesday

MultiPlan (NYSE:MPLN) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 8th. MultiPlan has set its FY 2024 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

MultiPlan (NYSE:MPLN) last announced its earnings results on Thursday, February 29th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $244.14 million for the quarter. MultiPlan had a negative net margin of 9.54% and a negative return on equity of 8.31%.

MultiPlan Price Performance

Shares of NYSE:MPLN opened at $0.67 on Tuesday. MultiPlan has a fifty-two week low of $0.53 and a fifty-two week high of $2.29. The company’s 50-day moving average is $0.81 and its 200 day moving average is $1.15. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $429.47 million, a P/E ratio of -4.44 and a beta of 0.67.

About MultiPlan

MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services.