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Mar 31, 2021
Health Catalyst Q1 2021 Earnings Report
Health Catalyst reported strong financial results, exceeding revenue and Adjusted EBITDA guidance.
Key Takeaways
Health Catalyst reported a 24% increase in total revenue compared to the previous year. The company exceeded the midpoint of its quarterly guidance for both revenue and Adjusted EBITDA. Team member satisfaction scores continue to rank in the 96th percentile.
Total revenue increased by 24% year-over-year.
Technology revenue increased by 37% year-over-year.
Professional services revenue increased by 8% year-over-year.
Adjusted EBITDA improved by 86% year-over-year.
Health Catalyst
Health Catalyst
Health Catalyst Revenue by Segment
Revenue by Segment
Technology Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
For Q2 2021, Health Catalyst expects total revenue between $55.1 million and $58.1 million, and Adjusted EBITDA between $(4.8) million and $(2.8) million. For the full year 2021, the company expects total revenue between $228.1 million and $231.1 million, and Adjusted EBITDA between $(15.0) million and $(13.0) million.
Positive Outlook
- Total revenue between $55.1 million and $58.1 million for Q2 2021.
- Adjusted EBITDA between $(4.8) million and $(2.8) million for Q2 2021.
- Total revenue between $228.1 million and $231.1 million for the full year 2021.
- Adjusted EBITDA between $(15.0) million and $(13.0) million for the full year 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income