Waystar Holdings reported its fourth quarter and fiscal year 2024 earnings, surpassing analysts' expectations. The company posted an adjusted earnings per share (EPS) of $0.29, exceeding the estimate of $0.14. Revenue for the quarter reached $244.1 million, also above the anticipated $232.1 million, marking an 18% increase year-over-year. Adjusted EBITDA was reported at $100.2 million, surpassing the estimate of $93.09 million. For fiscal year 2025, Waystar provided guidance for adjusted EPS between $1.29 and $1.32, compared to the estimate of $0.83, while revenue guidance is set between $1.0 billion and $1.02 billion, slightly below the estimate of $1.002 billion. Following the earnings announcement, Bank of America raised its price target for Waystar shares to $51 from $43, citing a strong performance in Q4 and a conservative outlook for 2025.