Health Catalyst: Q1 Earnings Snapshot

SOUTH JORDAN, Utah (AP) — SOUTH JORDAN, Utah (AP) — Health Catalyst Inc. (HCAT) on Tuesday reported a loss of $33.2 million in its first quarter.

On a per-share basis, the South Jordan, Utah-based company said it had a loss of 60 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 5 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.

The provider of data analytics for the health care industry posted revenue of $73.9 million in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $71.2 million.