R1 RCM Inc

NASDAQ:RCMUnited States

Repayments on revolver (95.0) (70.0) Refund of inducement dividend 16.4 -- Payment of equity issuance costs (0.4) -- Exercise of vested stock options 1.4 1.3 Shares withheld for taxes (9.7) (20.0) Other (0.3) 5.3 --- ------------ ---------- Net cash provided by (used in) financing activities 574.3 (90.5) --- ------------ ---------- Effect of exchange rate changes in cash, cash equivalents and restricted cash (0.5) (0.4) Net (decrease) increase in cash, cash equivalents and restricted cash (6.3) 54.8 Cash, cash equivalents and restricted cash, at beginning of period 173.6 110.1 --- ------------ ---------- Cash, cash equivalents and restricted cash, at end of period $ 167.3 $ 164.9 === ============ ========== Table 4 R1 RCM Inc. Reconciliation of GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA (Unaudited) (In millions, except percentages) Three Months Nine Months Ended September 2024 vs. 2023 Ended September 2024 vs. 2023 30, Change 30, Change ------------------ ------------------ 2024 2023 Amount % 2024 2023 Amount % ------- ------ ------- --------- ------- ------ ------- --------- Net income (loss) $(19.9) $ 1.3 $(21.2) n.m. $(62.6) $ 1.9 $(64.5) n.m. Net interest expense 43.2 32.1 11.1 35% 128.1 95.3 32.8 34% Income tax provision (benefit) (7.5) 7.8 (15.3) (196)% (12.6) 1.6 (14.2) (888)% Depreciation and amortization expense 83.2 70.8 12.4 18% 242.7 205.6 37.1 18% Share-based compensation expense 6.8 18.4 (11.6) (63)% 46.8 48.9 (2.1) (4)% CoyCo 2 share-based compensation expense 9.2 1.7 7.5 441% 12.7 5.4 7.3 135% Other expenses (1) 33.2 29.4 3.8 13% 101.4 87.9 13.5 15% ----- ----- ----- ----- ----- ----- ----- ----- Adjusted EBITDA (non-GAAP) $148.2 $161.5 $(13.3) (8)% $456.5 $446.6 $ 9.9 2% ===== ===== ===== ===== ===== ===== ===== =====

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALTR, WMPN, RCM, CPTN on Behalf of Shareholders

NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: