R1 RCM sees FY24 revenue $2.625B-$2.675B, consensus $2.69B

For 2024, R1 expects to generate: GAAP operating income of $105 million to $135 million; Adjusted EBITDA of $650 million to $670 million. Jennifer Williams, R1’s CFO said, “Our outlook for fiscal 2024 reflects the strength of our platform and our focus on both growth and operating discipline to deliver great value for our customers and shareholders. To further our leadership position in the industry, we will continue improving execution across our business, advancing our new business pipeline and investing in technology, while remaining committed to improving margins and cash flows.”