Veradigm (MDRX) Q1 2025 earnings summary

Executive summary

• Closed over $30 million in annual contract value deals in Q1 2025, a 25% increase year-over-year.

• Focused on maintaining momentum and becoming current in SEC filings by 2026.

Financial highlights

• Q1 2025 GAAP revenue estimated at $145–$147 million, up slightly from $144–$146 million in Q1 2024.

• Cash and equivalents at $272 million as of March 31, 2025, down from $295 million at year-end 2024.

• Debt remained at $208 million as of March 31, 2025, all in 0.875% Convertible Senior Notes due 2027.

• Net cash expected to remain positive for fiscal 2025.

Outlook and guidance

• Fiscal 2025 GAAP revenue expected to be approximately flat versus 2024, estimated at $583–$588 million.

• Company reaffirms 2025 guidance and expects to relist common stock after becoming current in SEC filings.