Edition:
India

Cotiviti Holdings Inc (COTV.N)

COTV.N on New York Stock Exchange

44.70USD
15 Aug 2018
Change (% chg)

$0.04 (+0.09%)
Prev Close
$44.66
Open
$44.66
Day's High
$44.70
Day's Low
$44.66
Volume
186,954
Avg. Vol
129,628
52-wk High
$44.76
52-wk Low
$30.84

Latest Key Developments (Source: Significant Developments)

Cotiviti Holdings Q2 Adjusted Non-GAAP Earnings Per Share $0.46
Thursday, 26 Jul 2018 

July 26 (Reuters) - Cotiviti Holdings Inc ::COTIVITI ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.46.Q2 EARNINGS PER SHARE $0.17.Q2 REVENUE $177.5 MILLION VERSUS I/B/E/S VIEW $183.8 MILLION.Q2 EARNINGS PER SHARE VIEW $0.45 -- THOMSON REUTERS I/B/E/S.ARE NOT UPDATING FINANCIAL GUIDANCE FOR 2018.WILL NOT HOST CONF CALL TO DISCUSS RESULTS DUE TO ANNOUNCEMENT ON JUNE 19 OF ENTRY INTO MERGER AGREEMENT WITH VERSCEND.  Full Article

Cotiviti Q4 Earnings Per Share $0.74
Thursday, 22 Feb 2018 

Feb 21 (Reuters) - Cotiviti Holdings Inc ::COTIVITI ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.74.Q4 REVENUE ROSE 5 PERCENT TO $176.7 MILLION.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.47.Q4 EARNINGS PER SHARE VIEW $0.43, REVENUE VIEW $179.1 MILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 TOTAL REVENUE IN A RANGE OF $740 MILLION TO $775 MILLION.SEES 2018 ADJUSTED EBITDA IN A RANGE OF $295 MILLION TO $310 MILLION.COTIVITI HOLDINGS - Q4 NET INCOME WAS FAVORABLY IMPACTED BY INCREASE IN TOTAL REVENUE, $45.0 MILLION NET TAX BENEFIT AS A RESULT OF TAX REFORM.FY2018 REVENUE VIEW $761.5 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Cotiviti appoints Halsey Wise to board of directors
Friday, 17 Nov 2017 

Nov 16 (Reuters) - Cotiviti Holdings Inc :Cotiviti appoints R. Halsey Wise to board of directors.Cotiviti Holdings Inc - ‍Wise's appointment expands board to 10 directors​.  Full Article

Cotiviti reports Q3 earnings per share $0.20
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Cotiviti Holdings Inc ::Cotiviti announces third quarter 2017 results.Q3 adjusted non-GAAP earnings per share $0.39.Q3 earnings per share $0.20.Q3 revenue $174.2 million versus I/B/E/S view $174.1 million.Q3 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue $678 million to $683 million.Cotiviti Holdings Inc - ‍board authorizes $100 million share repurchase program​.Cotiviti Holdings Inc sees ‍full year 2017 net income in a range of $91 million to $95 million​.FY2017 earnings per share view $1.54, revenue view $694.8 million -- Thomson Reuters I/B/E/S.  Full Article

Cotiviti appoints Bradley Ferguson as chief financial officer
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Cotiviti Holdings Inc :Cotiviti appoints Bradley Ferguson as chief financial officer.Cotiviti Holdings Inc - ‍Ferguson most recently held senior operational and finance roles at Earthlink Inc​.  Full Article

Cotiviti CFO Steve Senneff to resign for new career opportunity
Wednesday, 2 Aug 2017 

Aug 1 (Reuters) - Cotiviti Holdings Inc :Cotiviti CFO Steve Senneff to resign for new career opportunity.Says CFO Steve Senneff resigned.Cotiviti Holdings Inc - ‍company appoints Adrienne Calderone interim CFO​.Cotiviti Holdings Inc - ‍company appoints Adrienne Calderone Interim CFO​.Cotiviti Holdings Inc - ‍Cotiviti is commencing a search for a permanent successor for CFO​.  Full Article

Cotiviti Q2 earnings per share $0.22
Wednesday, 2 Aug 2017 

Aug 1 (Reuters) - Cotiviti Holdings Inc :Cotiviti announces second quarter 2017 results.Q2 adjusted non-GAAP earnings per share $0.38.Q2 earnings per share $0.22.Q2 revenue $167.6 million versus I/B/E/S view $167.4 million.Sees FY 2017 revenue $688 million to $700 million.Q2 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Cotiviti Holdings Inc - ‍expect Rowdmap to contribute revenue of approximately $20 million in 2018​.Cotiviti Holdings Inc - ‍as we look to balance of 2017, we are maintaining our 2017 revenue and adjusted EBITDA guidance​.Sees 2017 adjusted EBITDA in a range of $266 million to $272 million.FY2017 earnings per share view $1.52, revenue view $694.6 million -- Thomson Reuters I/B/E/S.  Full Article

Cotiviti Holdings entered into definitive agreement to acquire Rowdmap
Tuesday, 11 Jul 2017 

July 10 (Reuters) - Cotiviti Holdings Inc ::Cotiviti announces agreement to purchase Rowdmap, Inc..Cotiviti Holdings Inc - entered into a definitive agreement to acquire Rowdmap, Inc..Pursuant to definitive agreement, Cotiviti will pay $70 million in cash, subject to certain adjustments.Cotiviti Holdings Inc - intends to issue an aggregate of approximately 800,000 shares of restricted common stock to certain employees of Rowdmap.Transaction is not subject to a financing condition.Cotiviti Holdings Inc - on a non-gaap adjusted net income basis, acquisition is expected to be neutral to full year 2017 results and accretive in 2018..Cotiviti Holdings - due to equity incentives, impact of purchase accounting, on a gaap net income basis deal is not expected to be accretive in 2017 or 2018.Cotiviti intends to fund entire purchase price of the transaction with available liquidity.Cotiviti Holdings Inc - on a non-gaap adjusted net income basis, acquisition is expected to be neutral to full year 2017 results and accretive in 2018.  Full Article

Cotiviti Q1 adjusted non-gaap EPS $0.34
Wednesday, 3 May 2017 

May 2 (Reuters) - Cotiviti Holdings Inc ::Cotiviti announces first quarter 2017 results.Q1 adjusted non-gaap earnings per share $0.34.Q1 earnings per share $0.28.Q1 revenue $160.1 million versus I/B/E/S view $157.6 million.Sees FY 2017 revenue $688 million to $700 million.Q1 earnings per share view $0.32 -- Thomson Reuters I/B/E/S.Cotiviti Holdings Inc - sees FY adjusted EBITDA in a range of $266 million - $272 million.  Full Article

Cotiviti Holdings announces secondary public offering
Monday, 6 Mar 2017 

Cotiviti Holdings Inc : Cotiviti announces secondary public offering . Selling stockholders intend to offer 7 million shares of co's stock, par value $0.001 per share .Certain of selling stockholders propose to offer, at option of underwriters, up to an additional 1 million shares of common stock.  Full Article

Leveraged loan deals in market hold key to post-Labor Day appetite

NEW YORK, Aug 10 (LPC) - Bankers and investors are looking to payment processor Verifone’s buyout financing and a deal backing healthcare data analytics provider Verscend’s acquisition of payment accuracy provider Cotiviti to set the tone for leveraged loans when bankers return to work after the Labor Day holiday in the US, according to several bankers and investors.