Aug. 10, 2025 8:41 AM ETWaystar Holding Corp. (WAY) StockWAYGamu Dave Innocent Pasi11 FollowersSummaryWaystar delivered a strong Q2 2025 with 15.4% revenue growth, EPS beat, and robust subscription expansion, justifying my continued buy rating.The $1.25B Iodine Software acquisition is a strategic leap, expanding TAM by 15%, accelerating AI development, and strengthening cross-selling opportunities.AI remains Waystar’s core differentiator, driving claim denial prevention, productivity gains, and regulatory resilience, while subscription revenue and client growth remain strong.Despite a premium valuation and higher post-acquisition debt, strong free cash flow and a clear deleveraging plan support my bullish outlook.MoMo Productions/DigitalVision via Getty ImagesWaystar Holding Corp. (NASDAQ:WAY) delivered another strong quarter in Q2 2025, and that win was also cemented by the company's strategic acquisition of an AI-powered entity. The group's revenue jumped by a solidThis article was written byGamu Dave Innocent Pasi11 FollowersGamu Dave Innocent Pasi is a seasoned financial professional and writer, bringing a wealth of experience from his prior roles as a financial analyst and in investment research. With a strong background in analyzing financial statements, capital markets, and the macro-economy, Gamu has a proven track record of providing actionable trading ideas and well-researched investment recommendations. His insights have been featured in reputable publications such as The Axis business magazine and Investment Quarterly (IQ) Magazine, where he has consistently contributed analytical articles aimed at both institutional and retail investors. He holds a Postgraduate Executive Certificate in Investments and Portfolio Management as well as a Bachelor of Business Studies Honors degree in Banking and Finance. Gamu is widely regarded as an investment professional with strong quantitative and qualitative analytical skills, and he is adept at simplifying complex financial concepts for broader audiences. He is particularly passionate about finding innovative solutions that promote financial inclusion, drive sustainability, and generate measurable social impact. A strong advocate for Responsible Investment, he actively fosters Environmental, Social, and Governance (ESG) principles in investment decision-making. Currently, Gamu is focused on building a new international investment portfolio and will be sharing his insights, strategies, and forward-looking ideas with the global investing community through his ongoing writing and analysis.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For You