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Health Catalyst Q2 Earnings Call Highlights
['Max Byerly']
Ticker Report
Second-Quarter ResultsFor the quarter ended June 30, Health Catalyst reported total revenue of $70.5 million, exceeding its prior guidance range of $68 million to $70 million.
Technology revenue was $48.8 million, while professional services revenue was $21.7 million.
Updated Outlook Reflects Divestiture and InvestmentsFollowing the divestiture, Health Catalyst reduced its full-year outlook.
Health Catalyst is also evaluating its services business and aligning it with areas where it sees the highest conviction alongside its technology offerings.
About Health Catalyst (NASDAQ:HCAT)Health Catalyst (NASDAQ: HCAT) is a healthcare data and analytics technology company founded in 2008 and headquartered in Salt Lake City, Utah.