Health Catalyst: Q2 Earnings Snapshot

SOUTH JORDAN, Utah (AP) — SOUTH JORDAN, Utah (AP) — Health Catalyst Inc. (HCAT) on Tuesday reported a loss of $32.6 million in its second quarter.

On a per-share basis, the South Jordan, Utah-based company said it had a loss of 58 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 5 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The provider of data analytics for the health care industry posted revenue of $73.2 million in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $72.7 million.

For the current quarter ending in September, Health Catalyst said it expects revenue in the range of $70.2 million to $74.2 million.

The company expects full-year revenue in the range of $290.5 million to $295.5 million.

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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