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Health Catalyst (HCAT)
NASDAQ:HCAT
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -4.03%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The call presented a positive outlook with strong financial performance and successful Ignite platform adoption. However, there were challenges in Professional Services revenue and macroeconomic uncertainties that could affect future performance.Company Guidance
During the call, Health Catalyst provided guidance with several key metrics for the fiscal year 2025, highlighting a strong start with a total revenue of $79.4 million and an adjusted EBITDA of $6.3 million for the first quarter, both exceeding previous guidance. The company aims to achieve full-year total revenue of approximately $335 million, with technology revenue projected at $220 million and adjusted EBITDA expected to reach $41 million. Health Catalyst is targeting around 40 net new platform clients for the year, with 10 already added in the first quarter. The CEO emphasized the strategic shift to the Ignite platform, which boasts a 70% gross margin compared to 60% for the legacy DOS platform. Ignite's flexibility and lower entry price facilitate faster sales cycles, with the company anticipating completing two-thirds of client migrations to Ignite by the end of 2025. Additionally, Health Catalyst expects a dollar-based retention rate of approximately 103% for 2025, reflecting confidence in client retention and expansion strategies.Strong Financial Performance
Total revenue for Q1 2025 was $79.4 million, with adjusted EBITDA of $6.3 million, both above recent guidance. Technology revenue grew by 10% year-over-year.
Successful Ignite Platform Launch
Added 10 net new platform clients in Q1 2025, with significant cross-sell success from existing app clients, indicating a strong start for the Ignite platform.
Improved Client Engagement
Secured new wins, such as with a Midwest Health Information Exchange client and Canopy Cancer Collective, showcasing the growing value of an integrated portfolio.
Partnerships and Market Expansion
Strengthened partnerships with Databricks and Microsoft, with certain Ignite modules now transactable on the Microsoft Azure marketplace.
Positive Client Outcomes
Lifepoint Health reported significant improvements using Ignite, including 650 lives saved and 1,200 fewer blood transfusions.
HCAT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HCAT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $3.97 | $4.18 | +5.29% |
Feb 26, 2025 | $4.94 | $4.39 | -11.13% |
Nov 06, 2024 | $8.25 | $8.86 | +7.39% |
Aug 07, 2024 | $5.48 | $7.55 | +37.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Health Catalyst (HCAT) report earnings?
Health Catalyst (HCAT) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Health Catalyst (HCAT) earnings time?
Health Catalyst (HCAT) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HCAT EPS forecast?
HCAT EPS forecast for the fiscal quarter 2025 (Q2) is 0.04.
