Health Catalyst Posts Strong Q4 Growth Despite Wider Losses
- Q4 revenue grew 80% to $17.1 million year-over-year
- Adjusted EBITDA improved by 80% in Q4 2022 compared to Q4 2021
- Total bookings backlog reached $661 million, doubling from the previous year
- Net loss decreased 42% to $18 million in Q4 and 24% to $88.9 million for full year
- 2024 revenue projected to be $63-77 million, with 2025 target exceeding $100 million