NASDAQ$HCAT

Health Catalyst Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported financial results for the quarter ended March 31, 2020.

Health Catalyst reported strong first-quarter results, exceeding expectations for both total revenue and Adjusted EBITDA. The company's performance highlights the increasing need for healthcare organizations to invest in data and analytics, which is expected to drive long-term growth.

  • Total revenue increased by 28% year-over-year to $45.1 million.
  • Technology revenue grew by 23% year-over-year to $24.7 million.
  • Professional services revenue increased by 36% year-over-year to $20.4 million.
  • Adjusted EBITDA was $(5.97) million, outperforming the midpoint of guidance.

Headline financials

Total Revenue

$45.1M

No prior period
EPS (adj)

-$0.16

No prior period
Adjusted EBITDA

-$5.97M

No prior period
Capital Expenditures

-$506K

No prior period
Free Cash Flow

-$18M

No prior period
Net Income

-$17.5M

No prior period
Operating Income

-$18.1M

No prior period
Gross Profit

-$24.1M

No prior period
Cash & Equivalents

$61M

No prior period
Total Assets

$309M

No prior period
Stock-Based Comp

$8.74M

No prior period

Revenue & EPS history

Health Catalyst · Revenue · Quarterly

$45.1M

Q1 2020
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Revenue by segment

Health Catalyst · $45.1M total across 2 segments · Q1 2020

  • Technology
    $24.7M
  • Professional Services
    $20.4M

Forward guidance

For the second-quarter of 2020, Health Catalyst expects total revenue between $40.8 million and $43.8 million, and Adjusted EBITDA between $(7.8) million and $(5.8) million.

Tailwinds

  • Expects total revenue between $40.8 million and $43.8 million
  • Expects Adjusted EBITDA between $(7.8) million and $(5.8) million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-3.1%

Avg return

Earnings day

-3.9%

Avg return

5 days after

-4.0%

Avg return

30 days after

41%

11 / 27 earnings

Positive

+27.3%

Q2 2024

Best reaction

-36.6%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.9%-21.7%+4.6%
Q4 2025-26.3%-35.2%-44.4%
Q3 2025-5.6%-20.5%-10.2%
Q1 2025+5.3%+8.1%+3.3%
Q4 2024-11.1%-8.5%-7.9%
Q3 2024+14.2%+7.2%+7.6%
Q2 2024+27.3%+7.3%+22.9%
Q1 2024-3.6%+2.9%-2.3%
Q4 2023-14.7%-8.9%-14.4%
Q3 2023+5.1%-0.4%+5.3%
Q2 2023-8.0%-5.0%-12.4%
Q1 2023-18.9%-14.8%-4.3%
Q4 2022+7.3%+5.8%-14.8%
Q3 2022+16.2%+42.9%+59.2%
Q2 2022-36.6%-34.7%-35.9%
Q1 2022-2.6%+24.6%+10.5%
Q4 2021+1.5%-7.1%-3.7%
Q3 2021-6.2%-6.1%-26.9%
Q2 2021+1.5%-2.3%-2.8%
Q1 2021-2.3%-8.6%-2.4%
Q4 2020+0.6%+0.1%-2.1%
Q3 2020-0.2%-3.5%+6.2%
Q2 2020-7.2%-10.9%-3.4%
Q1 2020-1.9%-0.5%-5.0%
Q4 2019+1.3%-5.8%-20.1%
Q3 2019+1.9%-0.8%-1.1%
Q2 2019-11.5%-7.8%-13.1%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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