NASDAQ$HCAT

Health Catalyst Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Health Catalyst reported strong financial performance in the fourth quarter of 2024, with significant growth in total revenue and Adjusted EBITDA.

Health Catalyst achieved strong performance in Q4 2024, with total revenue reaching $79.6 million and Adjusted EBITDA at $7.9 million, significantly exceeding the previous year's figures. The Technology segment showed notable growth, contributing to the overall positive results.

  • Total revenue for Q4 2024 increased by 6% year-over-year to $79.6 million.
  • Adjusted EBITDA for Q4 2024 saw a substantial increase of 485% year-over-year, reaching $7.9 million.
  • The Technology segment's revenue for Q4 2024 was $51.6 million, contributing significantly to overall revenue.
  • Net loss for Q4 2024 improved to -$20.7 million from -$30.3 million in the prior year.

Headline financials

Total Revenue

$79.6M

Previous: $75.1M+6.0%
EPS (adj)

$0.04

Previous: $0.02+100.0%
Adjusted EBITDA

$7.91M

Previous: $1.35M+485.1%
Adjusted Gross Profit

$37.1M

Previous: $34.7M+7.0%
Adjusted Gross Margin

47.0%

Previous: 46.0%+2.2%
Capital Expenditures

-$4.83M

Previous: -$3.01M-60.4%
Net Income

-$20.7M

Previous: -$30.3M+31.8%
Operating Income

-$17.5M

Previous: -$32.8M+46.6%
Gross Profit

$28.6M

Previous: $22.2M+28.7%
R&D Expense

$14.9M

Previous: $17M-12.5%

Revenue & EPS history

Health Catalyst · Revenue · Quarterly

$79.6M

Q4 2024+6%vs Q4 2023
Beat estimate in 8 of 14 quarters(57%)
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 provided optimistic forward-looking guidance for Q1 and the full year 2025, anticipating continued revenue growth and increased Adjusted EBITDA.

Tailwinds

  • Anticipated total revenue for Q1 2025 of approximately $79 million.
  • Anticipated Adjusted EBITDA for Q1 2025 of approximately $4 million.
  • Anticipated total revenue for full year 2025 of approximately $335 million.
  • Anticipated Technology revenue for full year 2025 of approximately $220 million.
  • Anticipated Adjusted EBITDA for full year 2025 of approximately $41 million, an increase from previous targets.

Headwinds

  • Guidance for Adjusted EBITDA is not reconciled to net loss, the most directly comparable GAAP measure.
  • Forward-looking guidance for net loss is not provided.
  • Items impacting net loss, such as stock-based compensation, are not within control or reasonably forecasted.
  • Future growth and financial outlook are subject to risks and uncertainties.
  • Actual results may differ materially from predictions due to various factors including market conditions and regulatory changes.

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 2024

Historical avgQ4 2024

-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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