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EX - 99.1 2 a2021qlex991 - earningspress.htm EX - 99.1 HealthCatalyst SALT LAKE CITY , UT , May 6 , 2021 - Health Catalyst , Inc. ( " Health Catalyst , " Nasdaq : HCAT ) , a leading provider of data and analytics technology and services to healthcare organizations , today reported financial results for the quarter ended March 31 , 2021 . Key Financial Metrics Health Catalyst Reports First Quarter 2021 Results " In the first quarter of 2021 , I am pleased to share that we achieved strong performance across our business , including exceeding the mid point of our quarterly guidance for both revenue and Adjusted EBITDA , " said Dan Burton , CEO of Health Catalyst . " I am also happy to report that in the most recent team member engagement and satisfaction survey , independently administered by the Gallup organization , team member satisfaction scores at Health Catalyst measured in the 96th percentile . This latest engagement level continues a pattern that has been in place for many years , of industry - leading engagement , consistently ranked between the 95th and 99th percentile in overall team member satisfaction scores . This latest result is of particular significance given that it comes during a period where we were required to adapt to global pandemic necessitating a remote - only work environment , as well as having welcomed nearly two hundred new teammates who came to us primarily through multiple recent acquisitions . " Financial Highlights for the Three Months Ended March 31 , 2021 GAAP Financial Data : Technology revenue Professional services revenue Total revenue Loss from operations Net loss Other Non - GAAP Financial Data : . ( 1 ) Adjusted Technology Gross Profit Adjusted Technology Gross Margin Adjusted Professional Services Gross Profit Adjusted Professional Services Gross Margin Total Adjusted Gross Profit Total Adjusted Gross Margin Adjusted EBITDA $ $ $ $ $ $ $ $ $ Three Months Ended March 31 , 2021 2020 ( in thousands , exceptpercentages , unaudited ) 33,839 $ 22,007 $ 55,846 $ ( 24,317 ) $ ( 28,370 ) $ 23,388 69 % 6,929 31 % 30,317 $ $ $ 54 % ( 837 ) $ 24,699 20,417 45,116 ( 18,105 ) ( 17,490 ) 16,969 69 % 5,071 25 % Exhibit 99.1 22,040 49 % ( 5,971 ) Year over Year Change 37 % 8 % 24 % ( 34 ) % ( 62 ) % 38 % 37 % 38 % 86 % ( 1 ) These measures are not calculated in accordance with generally accepted accounting principles in the United States ( GAAP ) . See the accompanying " Non - GAAP Financial Measures " section below for more information about these financial measures , including the limitations of such measures , and for a reconciliation of each measure to the most directly comparable measure calculated in accordance with GAAP .