Performant Healthcare, Inc. (PHLT)

Oct 21, 2025 - PHLT was delisted (reason: acquired by Machinify)
7.75
0.00 (0.00%)
Inactive · Last trade price on Oct 20, 2025
Market Cap623.41M +126.9%
Revenue (ttm)137.36M +15.2%
Net Income-885,000
EPS-0.01
Shares Out 80.44M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,355,721
Open7.76
Previous Closen/a
Day's Range7.74 - 7.76
52-Week Range2.17 - 7.76
Beta0.69
AnalystsBuy
Price Target7.88 (+1.68%)
Earnings DateNov 4, 2025

About PHLT

Performant Healthcare, Inc. provides audit, recovery, and analytics services in the United States. It supports healthcare payers in identifying, preventing, and recovering waste and improper payments through advanced technology, analytics, and proprietary data assets. The company also offers coordination-of-benefits services, as well as claims-based services, which includes the audit and identification of improperly paid claims. Further, it provides advanced reporting capabilities, support services, customer care, and stakeholder training progr... [Read more]

Sector Healthcare
Founded 1976
Employees 964
Stock Exchange NASDAQ
Ticker Symbol PHLT
Full Company Profile

Financial Performance

In 2024, Performant Healthcare's revenue was $122.98 million, an increase of 8.12% compared to the previous year's $113.74 million. Losses were -$9.90 million, 31.6% more than in 2023.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for PHLT stock is "Buy." The 12-month stock price target is $7.88, which is an increase of 1.68% from the latest price.

Price Target
$7.88
(1.68% upside)
Analyst Consensus: Buy

News

Machinify Completes Acquisition of Performant Healthcare, Accelerating Intelligent Healthcare Payments

DALLAS & PALO ALTO, Calif.--(BUSINESS WIRE)--Machinify, a leading healthcare intelligence company with expertise across the payment continuum, today announced the close of its acquisition of Performan...

6 months ago - Business Wire

PERFORMANT HEALTHCARE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Performant Healthcare, Inc. - PHLT

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Perfo...

7 months ago - Business Wire

Performant Healthcare, Inc. Investors: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

8 months ago - GlobeNewsWire

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Performant Healthcare, Inc. (Nasdaq - PHLT)

BALA CYNWYD, Pa., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Performant Healthcare, Inc. (“Pe...

9 months ago - GlobeNewsWire

Performant Healthcare, Inc. Announces Preliminary Financial Results for Second Quarter 2025

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related anal...

9 months ago - Business Wire

Performant Healthcare, Inc. to Be Acquired by Machinify

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related anal...

9 months ago - Business Wire

Performant Healthcare, Inc. to Report Second Quarter 2025 Earnings on August 5, 2025

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company”, “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analyt...

9 months ago - Business Wire

Performant to Participate in B Riley Securities' 25th Annual Institutional Investor Conference

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (“Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, a...

11 months ago - Business Wire

Performant Healthcare, Inc. Announces Financial Results for First Quarter 2025

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT), a leading provider of healthcare payment integrity services, today reported the following financial results for its first...

1 year ago - Business Wire

Performant Healthcare, Inc. to Report First Quarter 2025 Earnings on May 8, 2025

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company”, “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analyt...

1 year ago - Business Wire

Performant Survey Spotlights Top Healthcare Technology Initiatives

PLANTATION, Fla.--(BUSINESS WIRE)--At HIMSS25, Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant”), a leader in technology-enabled payment integrity, eligibility and related ana...

1 year ago - Business Wire

Performant Healthcare, Inc. Announces Financial Results for Fourth Quarter and Full Year 2024

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT), a leading provider of healthcare payment integrity services, today reported the following financial results for its fourt...

1 year ago - Business Wire

Performant to Participate in Upcoming March Investor Conferences

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (“Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, a...

1 year ago - Business Wire

Performant Healthcare Announces Confirmation of RAC Opportunity With New York State

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company”, “Performant” or “Performant Healthcare”) today announced that the State Comptroller of the State of New Yo...

1 year ago - Business Wire

Performant Healthcare, Inc. to Report Fourth Quarter 2024 Earnings on March 12, 2025

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company”, “Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analyt...

1 year ago - Business Wire

Performant to Participate in the Upcoming Oppenheimer Emerging Growth Conference

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (“Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, a...

1 year ago - Business Wire

Performant Achieves CMMI MATURITY Level 3, Demonstrating Commitment to Excellence and Continuous Improvement

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company” or “Performant Healthcare”), a leader in technology-enabled payment integrity, eligibility, and related ana...

1 year ago - Business Wire

Performant to Participate in the Upcoming BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (“Performant”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics services, a...

1 year ago - Business Wire

Performant Healthcare, Inc. Ticker Symbol Change to “PHLT”

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PFMT) (“Performant” or the “Company”) is pleased to announce that its ticker symbol on the Nasdaq stock exchange will change fro...

1 year ago - Business Wire

Performant Announces Name Change to Performant Healthcare, Inc. – Concludes Strategic Shift to Healthcare

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) today announced it has changed its name to Performant Healthcare, Inc. (“Performant” or the “Company”), and plans to ...

1 year ago - Business Wire

Performant to Participate in the Noble Capital Markets 20th Annual Emerging Growth Equity Conference

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics servi...

1 year ago - Business Wire

Performant to Participate in the Craig-Hallum Alpha Select Conference

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the “Company”), a leading provider of technology-enabled payment integrity, eligibility, and related analytics servi...

1 year ago - Business Wire

Performant Financial Corporation Announces Financial Results for Third Quarter 2024

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT), a leading provider of healthcare payment integrity services, today reported the following financial results for its ...

1 year ago - Business Wire

Performant Financial Corporation to Report Third Quarter 2024 Earnings on November 6, 2024

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) (the Company), primarily operating under subsidiary Performant Healthcare Solutions, a leading provider of technology...

1 year ago - Business Wire

Performant Financial Corporation Announces Multi-Year RAC Award from New York State

PLANTATION, Fla.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq: PFMT) ("Performant" or "the Company"), a leader in technology-driven payment integrity, eligibility, and analytics services...

1 year ago - Business Wire