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home / news releases / EVH - Health Catalyst: Achieving FY28 Long-Term Guidance Is Possible


EVH - Health Catalyst: Achieving FY28 Long-Term Guidance Is Possible

2024-03-09 04:50:41 ET

Summary

  • Health Catalyst reported strong Q4 results, meeting guidance and showing growth in technology and professional services revenue.
  • The drop in HCAT's share price presents a buying opportunity, as the company's growth initiatives, such as its TEMS offering and next-gen data platform, are expected to drive growth and margin expansion.
  • HCAT's long-term guidance of exceeding $100 million in EBITDA by FY28 is achievable, and its valuation should improve as it demonstrates execution and margin expansion.

Investment action

For further details see:

Health Catalyst: Achieving FY28 Long-Term Guidance Is Possible
Stock Information

Company Name: Evolent Health Inc Class A
Stock Symbol: EVH
Market: NYSE
Website: evolenthealth.com

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