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EQT-Backed Health Payments Software Maker Waystar Files for IPO
Photographer: Bloomberg Creative Photos/Bloomberg Creative Collection
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Waystar Holding Corp. filed for an initial public offering, a sign that US equity capital markets aren’t returning to a deep freeze after four key listings delivered mixed results.
The health-care payments software maker disclosed growing revenue and shrinking losses in its filing Monday with the U.S. Securities and Exchange Commission. Waystar said it had a net loss of $44 million on revenue of $705 million in 2022, compared with a loss of $47 million on revenue of $579 million the previous year.