Veradigm Inc. Provides Audit Update and Updates Financial Guidance for 2023
Veradigm Inc. (MDRX)
Last veradigm inc. earnings: 3/2 04:01 pm
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Veradigm Inc. (Nasdaq: MDRX) announced today that the work effort to conclude on its previously disclosed accounting and internal control errors has taken longer than previously expected, and more time is needed to complete its audit procedures. As such, today the Company will not be filing its Annual Report on Form 10-K for the year ended December 31, 2022 (the “Form 10-K”), or its Quarterly Reports on Forms 10-Q for the quarters ended March 31, 2023, and June 30, 2023 (the “Form 10-Qs”). The Company currently expects to file the Form 10-K and Forms 10-Q during the fourth quarter of 2023. The extended timeline has primarily resulted from the need to build a new supplemental revenue system tool and the extensive manual work to aggregate and map the Company’s historical transaction data into the new system tool.Because the Company will not regain compliance with Nasdaq Listing Rule 5250(c)(1) within the 180-day “exception period” provided by Nasdaq, the Co
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News
- Veradigm Inc. (NASDAQ: MDRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Veradigm Named as the Top Vendor for End-to-End Revenue Cycle Management Solutions [Yahoo! Finance]Yahoo! Finance
- Veradigm Named as the Top Vendor for End-to-End Revenue Cycle Management SolutionsBusiness Wire
- Veradigm Inc. (NASDAQ: MDRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Veradigm Inc. (NASDAQ: MDRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
MDRX
Sec Filings
- 9/4/24 - Form 4
- 9/3/24 - Form 8-K
- 8/12/24 - Form NT
- MDRX's page on the SEC website