NASDAQ$HCAT

Health Catalyst Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported financial results, outperforming revenue and Adjusted EBITDA guidance, and team member satisfaction ranked in the 99th percentile.

Health Catalyst reported strong financial results for Q2 2020, exceeding revenue and Adjusted EBITDA guidance. Team member satisfaction remained high, and the company is hosting its annual Healthcare Analytics Summit virtually in September.

  • Total revenue for the quarter ended June 30, 2020, was $43.259 million, an 18% increase year-over-year.
  • Technology revenue increased by 27% year-over-year, reaching $25.487 million.
  • The company's team member overall satisfaction score ranked in the 99th percentile.
  • Health Catalyst is hosting its seventh annual Healthcare Analytics Summit in September, focusing on healthcare analytics in the 'new normal'.

Headline financials

Total Revenue

$43.3M

Previous: $36.8M+17.5%
EPS (adj)

-$0.15

Previous: -$0.21+28.6%
Adjusted EBITDA

-$4.19M

Previous: -$5.75M+27.2%
Capital Expenditures

-$1.07M

Previous: -$1.06M-0.4%
Free Cash Flow

-$28.3M

Previous: -$11.8M-140.3%
Net Income

-$27.2M

Previous: -$10.7M-154.2%
Operating Income

-$15.6M

Previous: -$9.36M-67.0%
Gross Profit

-$24M

Previous: -$17.7M-35.3%
Cash & Equivalents

$104M

Previous: $20.8M+400.4%
Total Assets

$466M

Previous: $140M+233.9%
Stock-Based Comp

$9.05M

No prior period

Revenue & EPS history

Health Catalyst · Revenue · Quarterly

$43.3M

Q2 2020+17.5%vs Q2 2019
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Revenue by segment

Health Catalyst · $73.8M total across 2 segments · Q3 2023

  • Technology
    $46M+4.5%
  • Professional Services
    $27.8M+14.1%

Forward guidance

Health Catalyst provides forward-looking guidance on total revenue and Adjusted EBITDA. For the third quarter of 2020, the company expects total revenue between $43.0 million and $46.0 million, and Adjusted EBITDA between $(8.9) million and $(6.9) million. For the full year of 2020, the company expects total revenue between $177.2 million and $181.2 million, and Adjusted EBITDA between $(25.5) million and $(22.5) million.

Tailwinds

  • Total revenue between $43.0 million and $46.0 million for Q3 2020
  • Adjusted EBITDA between $(8.9) million and $(6.9) million for Q3 2020
  • Total revenue between $177.2 million and $181.2 million for the full year 2020
  • Adjusted EBITDA between $(25.5) million and $(22.5) million for the full year 2020

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 Q2 2020

Historical avgQ2 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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