Health Catalyst Sees Q1 2024 Revenue $72.5M-$76.5M Vs $78.989M Est.
Portfolio Pulse from Benzinga Newsdesk
Health Catalyst projects its Q1 2024 revenue to be between $72.5M and $76.5M, which is below the estimated $78.989M.

February 22, 2024 | 9:39 pm
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NEGATIVE IMPACT
Health Catalyst's projected Q1 2024 revenue is below market expectations, indicating potential challenges ahead.
Health Catalyst's revenue projection for Q1 2024 is significantly lower than the market's expectation. This discrepancy suggests that the company might be facing operational or market challenges that could negatively impact its financial performance in the short term. Investors typically react negatively to such forecasts, which could lead to a decrease in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100