NASDAQ$HCAT

Health Catalyst Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Achieved strong performance with revenue and Adjusted EBITDA exceeding guidance midpoint, and team member engagement in the 96th percentile.

Health Catalyst reported strong Q4 2021 performance, exceeding revenue and Adjusted EBITDA guidance. They also reported team member engagement scores in the 96th percentile. For the full year 2021, the company is proud of its financial performance.

  • Exceeded the mid-point of quarterly guidance for both revenue and Adjusted EBITDA.
  • Team member engagement scores measured in the 96th percentile.
  • Welcomed greater than 150 new teammates, including those from the Twistle acquisition.
  • Demonstrated a consistent track record related to actual quarterly revenue and Adjusted EBITDA performance relative to guidance.

Headline financials

Total Revenue

$64.7M

Previous: $53.3M+21.5%
EPS (adj)

-$0.19

Previous: -$0.16-18.8%
Capital Expenditures

$623K

Previous: $5.7M-89.1%
Free Cash Flow

-$10.4M

Previous: -$9.85M-5.6%
Net Income

-$49M

Previous: -$43M-13.9%
Operating Income

-$44.8M

Previous: -$38.9M-15.0%
Gross Profit

$30.8M

Previous: $26.8M+15.3%
Cash & Equivalents

$193M

Previous: $92M+110.1%
Total Assets

$832M

Previous: $578M+44.0%
Stock-Based Comp

$16.4M

Previous: $10.7M+53.8%

Revenue & EPS history

Health Catalyst · Revenue · Quarterly

$64.7M

Q4 2021+21.5%vs Q4 2020
Beat estimate in 5 of 14 quarters(36%)
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, a GAAP measure, and Adjusted EBITDA, a non-GAAP measure.

Tailwinds

  • Total revenue between $64.0 million and $67.0 million for Q1 2022
  • Adjusted EBITDA between $(2.5) million and $(0.5) million for Q1 2022
  • Total revenue between $287.8 million and $292.8 million for the full year of 2022
  • Adjusted EBITDA between $(4.0) million and $(2.0) million for the full year of 2022

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 Q4 2021

Historical avgQ4 2021

-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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