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Health Catalyst: 4Q Earnings Snapshot

SALT LAKE CITY (AP) _ Health Catalyst Inc. (HCAT) on Thursday reported a loss of $14.3 million in its fourth quarter.

On a per-share basis, the Salt Lake City-based company said it had a loss of 39 cents. Losses, adjusted for stock option expense and amortization costs, came to 21 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.

The provider of data analytics for the health care industry posted revenue of $43.5 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $41.3 million.

For the year, the company reported a loss of $60.1 million, or $12.86 per share. Revenue was reported as $154.9 million.

For the current quarter ending in April, Health Catalyst said it expects revenue in the range of $42 million to $45 million.

The company expects full-year revenue in the range of $185 million to $188 million.

Health Catalyst shares have dropped 20% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCAT at https://www.zacks.com/ap/HCAT