Health Catalyst, Inc. Provides Revenue Guidance for the Second Quarter and Reiterates Revenue Guidance for the Full Year of 2024
May 09, 2024 at 05:00 pm EDT
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Health Catalyst, Inc. provided revenue guidance for the second quarter and reiterated revenue guidance for the full year of 2024. For the second quarter of 2024, the company expects total revenue between $73.5 million and $76.5 million.
For the full year of 2024, the company reiterates total revenue between $304.0 million and $312.0 million.
Health Catalyst, Inc. is a provider of data and analytics technology and services to healthcare organizations. The Companyâs solution comprises its cloud-based data and analytics platform, software applications, and professional services expertise. The Company operates through two segments: Technology and Professional Services. The Technology segment includes its data platform, analytics applications and support services and is focused primarily on contracts that are cloud-based subscription arrangements, time-based license arrangements, and maintenance and support fees. The Professional Services segment is generally the combination of analytics, implementation, strategic advisory, outsourcing, and improvement services to deliver capabilities to its customers to fully configure and utilize the benefits of its technology offerings. Its clients include academic medical centers, integrated delivery networks, community hospitals, physician practices, health insurers, and others.