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EX - 99.1 2 a2021q3ex991 - earningspress.htm EX - 99.1 HealthCatalyst - SALT LAKE CITY , UT , November 9 , 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 September 30 , 2021 . Key Financial Metrics " In the third 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 . " In addition to this financial and operational execution , we held our eighth annual Healthcare Analytics Summit conference in September , hosting more than 3,000 registrants representing more than 675 organizations and 18 countries . This year's Summit was an important opportunity for Health Catalyst to continue to provide thought leadership within the health care data and analytics ecosystem , while further cultivating and deepening our relationships with customers and prospects . " Financial Highlights for the Three Months Ended September 30 , 2021 GAAP Financial Data : Technology revenue Professional services revenue Health Catalyst Reports Third Quarter 2021 Results Total revenue Loss from operations Net loss Other Non - GAAP Financial Data : a ) 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 September 30 , 2021 2020 26,731 70 % 4,696 20 % 31,427 $ 51 % ( 5,794 ) $ ( in thousands , except percentages , unaudited ) 38,262 $ 27,964 23,475 $ 19,227 61,737 $ 47,191 ( 42,249 ) $ ( 23,458 ) ( 40,014 ) $ ( 27,326 ) $ $ 19,115 68 % 4,823 25 % Exhibit 99.1 23,938 51 % ( 6,434 ) Year over Year Change 37 % 22 % 31 % ( 80 ) % ( 46 ) % 40 % ( 3 ) % 31 % 10 % ( 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 .