Health Catalyst: 1Q Earnings Snapshot

·1 min read

SALT LAKE CITY (AP) _ Health Catalyst Inc. (HCAT) on Tuesday reported a loss of $17.5 million in its first quarter.

On a per-share basis, the Salt Lake City-based company said it had a loss of 47 cents. Losses, adjusted for one-time gains and costs, were 16 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.

The provider of data analytics for the health care industry posted revenue of $45.1 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $43 million.

For the current quarter ending in July, Health Catalyst said it expects revenue in the range of $40.8 million to $43.8 million.

Health Catalyst shares have decreased 13% since the beginning of the year.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on HCAT at