SOUTH JORDAN, Utah (AP) — SOUTH JORDAN, Utah (AP) — Health Catalyst Inc. (HCAT) on Thursday reported a loss of $30.3 million in its fourth quarter.
The South Jordan, Utah-based company said it had a loss of 53 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 2 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The provider of data analytics for the health care industry posted revenue of $75.1 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $73.7 million.
For the year, the company reported a loss of $118.1 million, or $2.09 per share. Revenue was reported as $295.9 million.
For the current quarter ending in March, Health Catalyst said it expects revenue in the range of $72.5 million to $76.5 million.
The company expects full-year revenue in the range of $304 million to $312 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCAT at https://www.zacks.com/ap/HCAT