Claritev Appoints Ben Letham to its Board of Directors

Claritev (CTEV) reported Q2 revenue of $257.5M, up 6.6%, raising full-year guidance to $1B-$1.02B. Adjusted EBITDA rose 1.1% to $155.8M, but net loss narrowed to $59.2M. Free cash flow doubled to $54.6M, yet unrestricted cash fell to $14.4M. Hedge fund ownership increased, and short interest is 9.03%.

Claritev (NYSE:CTEV) reported Q2 No Surprises Act-related revenue growth attributed mainly to one client, with management saying claim mix drove lower charges per claim. Bookings were $30M ACV in Q2 and $74M in H1, exceeding 2025 total and targeting over $100M for FY. FY revenue guidance raised to $1.00B-$1.02B and adjusted EBITDA to $610M-$620M.

Claritev Corp (CTEV) filed an SEC Form 8-K — Results of Operations and Financial Condition. E Claritev Corporation Reports Second Quarter 2026 Results – Q2 2026 Revenues of $257.5 million grew 6.6% compared to Q2 2025 – Net Loss of $59.2 million – Adjusted EBITDA of $155.8 million increased 1.1% compared to Q2 2025 (Adjusted EBITDA Margin of 60.5% versus 63.8% in Q2 202

Sandisk (SNDK) has secured buyers for 50% of this year's output and 67% of next year's, with long-term contracts ensuring floor prices. Revenue surged 372% YoY to $8.97B, driven by AI data center demand. The company projects mid-to-high teens revenue growth and 80% gross margins through 2030. Shares have gained 640% this year, trading at 8x expected earnings.

Google agreed to help fund upgrades to Georgia Power's nuclear reactors, adding 96 MW capacity. The deal, filed with regulators, aims to benefit customers and avoid cost shifts. Google will pay extra for carbon-free credits. Georgia Power projects $900M in customer benefits. The PSC must approve the agreement.

DoorDash will pay $131.5M to settle claims of underpaying NYC delivery workers, admitting errors. The settlement includes $16M in penalties. Brent oil briefly fell below $100 per barrel, with the S&P 500 near its record high.