earnings
confidence high
sentiment positive
materiality 0.75
Health Catalyst Q2 revenue up 38% to $59.6M; first positive adjusted EBITDA of $1.7M
Health Catalyst, Inc.
2021-Q2 EPS reported
-$1.45
revenue$115,473,000
- Total revenue $59.6M (+38% YoY); technology revenue $35.5M (+39%).
- Net loss $35.8M (loss from operations $32.3M); adjusted EBITDA positive $1.7M (first-time positive).
- Adjusted technology gross margin 68%; adjusted professional services gross margin 34% vs 21% YoY.
- Closed acquisition of Twistle on July 1, 2021 to bolster Population Health analytics.
- CEO exceeded mid-point guidance for both revenue and adjusted EBITDA.