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Search resuls for: "Waystar confidentially"


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Healthcare payments startup Waystar makes IPO filing public
  + stars: | 2023-10-16 | by ( ) www.reuters.com   time to read: +1 min
Oct 16 (Reuters) - Healthcare payments startup Waystar Technologies on Monday made public its filing for a U.S. stock market flotation and revealed a rise in quarterly sales. Reuters reported in August that Waystar was eyeing an initial public offering (IPO) that could value it at up to $8 billion. Waystar confidentially filed for an IPO later in August, joining a wave of new listings that followed a months-long dry spell wrought by high interest rates and fears of a recession. Total sales of the company for the three months ended June 30 was $196 million, compared with $173.4 million a year earlier, it said. Waystar was formed in 2017 through the merger of healthcare tech firms Navicure and ZirMed.
Persons: Waystar, Waystar confidentially, Khushi, Devika Organizations: Technologies, Reuters, Nasdaq, Thomson Locations: U.S, Bengaluru
Waystar confidentially files for US IPO
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: 1 min
Aug 24 (Reuters) - Waystar Holding, the parent company of a healthcare payments technology firm, said on Thursday it had confidentially filed for an initial public offering (IPO) in the United States. The announcement comes days after Reuters reported the company has tapped banks for an IPO that could value it at as much as $8 billion, including debt. The IPO market in the United States is showing signs of revival after a drought last year, as several high-profile companies look to list their shares. Reporting by Niket Nishant in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
Persons: Niket, Shilpi Majumdar Organizations: Waystar, Reuters, Thomson Locations: United States, Bengaluru
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