http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 21 Oct 2025 09:12:14 -0500 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html <p>Machinify completed its acquisition of Performant Healthcare Inc. (NASDAQ: PHLT) for approximately $670 million, according to a company statement. The transaction represents Machinify's second major acquisition in 2025.</p> <p>The deal combines Performant's government sector expertise with Machinify's AI-powered healthcare payment platform. Performant stockholders approved the transaction at a special meeting held October 17, 2025.</p> <p>"We're thrilled to bring Performant into Machinify with such highly complementary assets," said David Pierre, CEO of Machinify. "Performant has built deep relationships in the government sector, which expands on Machinify's strong and expanding presence with national and regional payers."</p> <p>Following the acquisition, Performant's shares will be delisted from http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html Tue, 21 Oct 2025 09:12:14 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html <p>Machinify completed its acquisition of Performant Healthcare Inc. (NASDAQ: PHLT) for approximately $670 million, according to a company statement. The transaction represents Machinify's second major acquisition in 2025.</p> <p>The deal combines Performant's government sector expertise with Machinify's AI-powered healthcare payment platform. Performant stockholders approved the transaction at a special meeting held October 17, 2025.</p> <p>"We're thrilled to bring Performant into Machinify with such highly complementary assets," said David Pierre, CEO of Machinify. "Performant has built deep relationships in the government sector, which expands on Machinify's strong and expanding presence with national and regional payers."</p> <p>Following the acquisition, Performant's shares will be delisted from http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html Tue, 21 Oct 2025 09:12:14 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html <p>Machinify completed its acquisition of Performant Healthcare Inc. (NASDAQ: PHLT) for approximately $670 million, according to a company statement. The transaction represents Machinify's second major acquisition in 2025.</p> <p>The deal combines Performant's government sector expertise with Machinify's AI-powered healthcare payment platform. Performant stockholders approved the transaction at a special meeting held October 17, 2025.</p> <p>"We're thrilled to bring Performant into Machinify with such highly complementary assets," said David Pierre, CEO of Machinify. "Performant has built deep relationships in the government sector, which expands on Machinify's strong and expanding presence with national and regional payers."</p> <p>Following the acquisition, Performant's shares will be delisted from http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html Tue, 21 Oct 2025 09:12:14 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html <p>Machinify completed its acquisition of Performant Healthcare Inc. (NASDAQ: PHLT) for approximately $670 million, according to a company statement. The transaction represents Machinify's second major acquisition in 2025.</p> <p>The deal combines Performant's government sector expertise with Machinify's AI-powered healthcare payment platform. Performant stockholders approved the transaction at a special meeting held October 17, 2025.</p> <p>"We're thrilled to bring Performant into Machinify with such highly complementary assets," said David Pierre, CEO of Machinify. "Performant has built deep relationships in the government sector, which expands on Machinify's strong and expanding presence with national and regional payers."</p> <p>Following the acquisition, Performant's shares will be delisted from http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html Tue, 21 Oct 2025 09:12:14 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html <p>Machinify completed its acquisition of Performant Healthcare Inc. (NASDAQ: PHLT) for approximately $670 million, according to a company statement. The transaction represents Machinify's second major acquisition in 2025.</p> <p>The deal combines Performant's government sector expertise with Machinify's AI-powered healthcare payment platform. Performant stockholders approved the transaction at a special meeting held October 17, 2025.</p> <p>"We're thrilled to bring Performant into Machinify with such highly complementary assets," said David Pierre, CEO of Machinify. "Performant has built deep relationships in the government sector, which expands on Machinify's strong and expanding presence with national and regional payers."</p> <p>Following the acquisition, Performant's shares will be delisted from http://www.streetinsider.com/Mergers+and+Acquisitions/Machinify+acquires+Performant+Healthcare+for+%24670+million/25480247.html Tue, 21 Oct 2025 09:12:14 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Press+Releases/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html <p class="bwalignc"> <i>The New Mountain Capital backed company closes its second major acquisition in 2025 to expand its AI-powered operating system to a broader range of clients.</i> </p> <p> DALLAS &amp; PALO ALTO, Calif.--(BUSINESS WIRE)-- Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performant Healthcare, Inc. (Nasdaq: PHLT) for approximately $670 million. The deal expands Machinify’s AI-powered platform to reach a broader range of clients, including government programs, and accelerates its mission to simplify and modernize healthcare payments. </p><p> “We’re thrilled to bring Performant into Machinify with such highly complementary assets,” http://www.streetinsider.com/Business+Wire/Machinify+Completes+Acquisition+of+Performant+Healthcare%2C+Accelerating+Intelligent+Healthcare+Payments/25480244.html Tue, 21 Oct 2025 09:12:00 -0500 A.16369622 O.05247419 O.08473761 PFMT PHLT http://www.streetinsider.com/Downgrades/Lake+Street+Capital+Markets+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Hold/25139872.html <p>Lake Street Capital Markets analyst Jacob Stephan downgraded Performant Healthcare Inc (NASDAQ: PHLT) from Buy to Hold with a price target of $7.75.</p> <p>For an analyst ratings summary and ratings history on Performant Healthcare Inc <a href="http://www.streetinsider.com/rating_history.php?q=PHLT">click here</a>. For more ratings news on Performant Healthcare Inc <a href="http://www.streetinsider.com/stock_lookup_news.php?q=PHLT&amp;type=analyst">click here</a>.</p> <p>Shares of Performant Healthcare Inc closed at $7.64 yesterday.</p> http://www.streetinsider.com/Downgrades/Lake+Street+Capital+Markets+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Hold/25139872.html Mon, 04 Aug 2025 07:58:55 -0500 PHLT http://www.streetinsider.com/Downgrades/Craig-Hallum+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Hold/25139688.html <p>Craig-Hallum analyst George Sutton downgraded Performant Healthcare Inc (NASDAQ: PHLT) from Buy to Hold with a price target of $7.75.</p> <p>For an analyst ratings summary and ratings history on Performant Healthcare Inc <a href="http://www.streetinsider.com/rating_history.php?q=PHLT">click here</a>. For more ratings news on Performant Healthcare Inc <a href="http://www.streetinsider.com/stock_lookup_news.php?q=PHLT&amp;type=analyst">click here</a>.</p> <p>Shares of Performant Healthcare Inc closed at $7.64 yesterday.</p> http://www.streetinsider.com/Downgrades/Craig-Hallum+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Hold/25139688.html Mon, 04 Aug 2025 07:18:15 -0500 PHLT http://www.streetinsider.com/Downgrades/B.Riley+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Neutral/25138560.html <p>B.Riley analyst Anderson Schock downgraded Performant Healthcare Inc (NASDAQ: PHLT) from Buy to Neutral with a price target of $7.75 (from $7.00).</p><p>The analyst comments: "On 8/1, Performant Healthcare, Inc. (PHLT — Neutral, PT from $7.00 to $7.75), our best idea from the B. Riley Securities 25th Annual Institutional Investor Conference (see note), announced that it has entered into a definitive agreement to be acquired by Machinify, a portfolio company of New Mountain Capital focused on healthcare payment integrity, for $670M, or $7.75 per share, in cash representing a 118% premium to the prior day's closing price. The purchase price represents http://www.streetinsider.com/Downgrades/B.Riley+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Neutral/25138560.html Mon, 04 Aug 2025 03:15:46 -0500 PHLT http://www.streetinsider.com/Analyst+Comments/B.Riley+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Neutral/25138560.html <p>B.Riley analyst Anderson Schock downgraded Performant Healthcare Inc (NASDAQ: PHLT) from Buy to Neutral with a price target of $7.75 (from $7.00).</p><p>The analyst comments: "On 8/1, Performant Healthcare, Inc. (PHLT — Neutral, PT from $7.00 to $7.75), our best idea from the B. Riley Securities 25th Annual Institutional Investor Conference (see note), announced that it has entered into a definitive agreement to be acquired by Machinify, a portfolio company of New Mountain Capital focused on healthcare payment integrity, for $670M, or $7.75 per share, in cash representing a 118% premium to the prior day's closing price. The purchase price represents http://www.streetinsider.com/Analyst+Comments/B.Riley+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Neutral/25138560.html Mon, 04 Aug 2025 03:15:46 -0500 PHLT http://www.streetinsider.com/Downgrades/Citizens+JMP+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Market+Perform/25135870.html <p>Citizens JMP analyst Nico Frelick downgraded Performant Healthcare Inc (NASDAQ: PHLT) from Market Outperform to Market Perform.</p> <p>For an analyst ratings summary and ratings history on Performant Healthcare Inc <a href="http://www.streetinsider.com/rating_history.php?q=PHLT">click here</a>. For more ratings news on Performant Healthcare Inc <a href="http://www.streetinsider.com/stock_lookup_news.php?q=PHLT&amp;type=analyst">click here</a>.</p> <p>Shares of Performant Healthcare Inc closed at $3.55 yesterday.</p> http://www.streetinsider.com/Downgrades/Citizens+JMP+Downgrades+Performant+Healthcare+Inc+%28PHLT%29+to+Market+Perform/25135870.html Fri, 01 Aug 2025 13:31:40 -0500 PHLT http://www.streetinsider.com/Guidance/Performant+Healthcare+reports+Q2+revenue+of+%2437.8+million%2C+cancels+guidance/25134072.html <p>Performant Healthcare Inc. (NASDAQ: PHLT) reported preliminary second quarter 2025 financial results, anticipating revenue of approximately $37.8 million and net income of approximately $2.1 million for the quarter ended June 30, 2025.</p><p>The healthcare payment integrity services provider also reported adjusted EBITDA of approximately $6.2 million for the quarter. The company expects to file its Form 10-Q on August 7, 2025.</p><p>Performant announced it entered into a definitive agreement to be acquired by Machinify, a healthcare intelligence company and portfolio company of New Mountain Capital. As a result of the acquisition agreement, Performant canceled its second quarter earnings conference call originally scheduled http://www.streetinsider.com/Guidance/Performant+Healthcare+reports+Q2+revenue+of+%2437.8+million%2C+cancels+guidance/25134072.html Fri, 01 Aug 2025 08:36:07 -0500 PHLT http://www.streetinsider.com/Corporate+News/Performant+Healthcare+reports+Q2+revenue+of+%2437.8+million%2C+cancels+guidance/25134072.html <p>Performant Healthcare Inc. (NASDAQ: PHLT) reported preliminary second quarter 2025 financial results, anticipating revenue of approximately $37.8 million and net income of approximately $2.1 million for the quarter ended June 30, 2025.</p><p>The healthcare payment integrity services provider also reported adjusted EBITDA of approximately $6.2 million for the quarter. The company expects to file its Form 10-Q on August 7, 2025.</p><p>Performant announced it entered into a definitive agreement to be acquired by Machinify, a healthcare intelligence company and portfolio company of New Mountain Capital. As a result of the acquisition agreement, Performant canceled its second quarter earnings conference call originally scheduled http://www.streetinsider.com/Corporate+News/Performant+Healthcare+reports+Q2+revenue+of+%2437.8+million%2C+cancels+guidance/25134072.html Fri, 01 Aug 2025 08:36:07 -0500 PHLT http://www.streetinsider.com/Press+Releases/Performant+Healthcare%2C+Inc.+Announces+Preliminary+Financial+Results+for+Second+Quarter+2025/25134062.html <p> PLANTATION, Fla.--(BUSINESS WIRE)-- Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced preliminary financial results for the second quarter of 2025. </p><p> <b>Second Quarter 2025 Results</b> The Company currently expects to file its Form 10-Q for the quarter ended June 30, 2025 on August 7, 2025 and anticipates reporting second quarter revenues of approximately $37.8 million, net income of approximately $2.1 million, and adjusted EBITDA of approximately $6.2 million. </p><p> <b>Transaction with Machinify</b> </p><p> In a separate press release issued today, Performant announced its entry into a definitive agreement http://www.streetinsider.com/Press+Releases/Performant+Healthcare%2C+Inc.+Announces+Preliminary+Financial+Results+for+Second+Quarter+2025/25134062.html Fri, 01 Aug 2025 08:35:00 -0500 A.16369622 O.05247419 PHLT http://www.streetinsider.com/Press+Releases/Performant+Healthcare%2C+Inc.+Announces+Preliminary+Financial+Results+for+Second+Quarter+2025/25134062.html <p> PLANTATION, Fla.--(BUSINESS WIRE)-- Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced preliminary financial results for the second quarter of 2025. </p><p> <b>Second Quarter 2025 Results</b> The Company currently expects to file its Form 10-Q for the quarter ended June 30, 2025 on August 7, 2025 and anticipates reporting second quarter revenues of approximately $37.8 million, net income of approximately $2.1 million, and adjusted EBITDA of approximately $6.2 million. </p><p> <b>Transaction with Machinify</b> </p><p> In a separate press release issued today, Performant announced its entry into a definitive agreement http://www.streetinsider.com/Press+Releases/Performant+Healthcare%2C+Inc.+Announces+Preliminary+Financial+Results+for+Second+Quarter+2025/25134062.html Fri, 01 Aug 2025 08:35:00 -0500 A.16369622 O.05247419 PHLT http://www.streetinsider.com/Press+Releases/Performant+Healthcare%2C+Inc.+Announces+Preliminary+Financial+Results+for+Second+Quarter+2025/25134062.html <p> PLANTATION, Fla.--(BUSINESS WIRE)-- Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, today announced preliminary financial results for the second quarter of 2025. </p><p> <b>Second Quarter 2025 Results</b> The Company currently expects to file its Form 10-Q for the quarter ended June 30, 2025 on August 7, 2025 and anticipates reporting second quarter revenues of approximately $37.8 million, net income of approximately $2.1 million, and adjusted EBITDA of approximately $6.2 million. </p><p> <b>Transaction with Machinify</b> </p><p> In a separate press release issued today, Performant announced its entry into a definitive agreement http://www.streetinsider.com/Press+Releases/Performant+Healthcare%2C+Inc.+Announces+Preliminary+Financial+Results+for+Second+Quarter+2025/25134062.html Fri, 01 Aug 2025 08:35:00 -0500 A.16369622 O.05247419 PHLT