Healthstream Stock Price, News & Analysis

HealthStream (Nasdaq: HSTM) reported its Q1 2023 financial results, showing revenues of $68.9 million, a 5% increase from $65.4 million in Q1 2022. However, operating income declined to $2.9 million, down 28% from $4.0 million, affected by a $1.0 million severance charge due to restructuring efforts. Net income fell to $2.6 million, a 9% decrease from $2.9 million, with earnings per share remaining stable at $0.09. Adjusted EBITDA was $13.7 million, down 2% from $14.0 million. The company declared a quarterly cash dividend of $0.025 per share, payable on April 28, 2023. HealthStream's guidance for full-year 2023 expects revenues between $277.5 million and $283.0 million.

HealthStream, Inc. (Nasdaq: HSTM) has announced a conference call and webcast to discuss its financial results for the first quarter of 2023. The earnings report will be released after market close on April 24, 2023, with the call scheduled for April 25, 2023, at 9:00 a.m. Eastern Time. Participants can join via a provided webcast link or by registering for a phone call to receive dial-in details. A replay of the call will be available on the Company's website for 30 days. As the healthcare sector's leading provider of workforce solutions, HealthStream aims to empower healthcare professionals to deliver excellent patient care. More information is available on their website.

HealthStream, Inc. (Nasdaq: HSTM) has declared its first quarterly cash dividend of $0.025 per share, which will be payable to stockholders of record on April 17, 2023, with a payment date of April 28, 2023. This announcement follows the company's earlier earnings release on February 20, 2023, where the dividend policy was disclosed. HealthStream continues to be a leader in healthcare technology solutions, focusing on empowering healthcare professionals with workforce solutions to enhance patient care.

HealthStream, Inc. (Nasdaq: HSTM) reported a 4% increase in 2022 revenues, totaling $266.8 million. The fourth quarter revenue reached $68.5 million, a 7% year-over-year increase. Operating income improved to $3.1 million compared to a loss of $0.5 million in Q4 2021. Net income surged to $2.5 million from a loss of $0.4 million. The company introduced a quarterly cash dividend of $0.025 per share, with the first payment scheduled for April 28, 2023. HealthStream also completed the acquisition of eeds for $7 million and reported an increase in contracted subscriptions to 5.54 million.

HealthStream (Nasdaq: HSTM) announced a multi-year agreement with Ardent Health Services to provide workforce solutions for over 23,000 employees across 30 hospitals. The agreement includes the use of HealthStream Learning Center, hStream platform, SafetyQ compliance program, and HealthStream Video applications. With approximately 400,000 courses completed daily, HealthStream's learning solutions are pivotal in ensuring quality patient care. Ardent's choice followed a comprehensive evaluation process highlighting HealthStream's performance and unique benefits, including a licensed verification service and a library of 800+ training courses.

HealthStream (Nasdaq: HSTM) announced a conference call to discuss its fourth quarter and full-year 2022 financial results on February 21, 2023, at 9:00 a.m. Eastern Time. The results will be released after market close on February 20. This call will provide insights into the company's earnings, revenue, and overall financial performance for the last quarter and full year ending December 31, 2022. Participants can join via a webcast or telephone. A replay will be available for 30 days.

HealthStream (NASDAQ: HSTM) has acquired substantially all assets of eeds, a healthcare technology company based in Asheville, North Carolina, for approximately $7.0 million in cash. This acquisition marks HealthStream's third in the CME management software sector within 13 months, fulfilling its investment strategy in this specialty area. The eeds platform enhances HealthStream's offerings by providing an innovative, SaaS-based solution for continuing medical education (CME) management, aiming to improve the efficiency and tracking of required educational activities across healthcare organizations.

HealthStream (HSTM), a provider of workforce solutions for healthcare, has launched its hStream™ Developer Portal. This Portal enhances the hStream platform by offering scalable, secure APIs, facilitating integration among applications. CEO Robert A. Frist Jr. emphasized the Portal's role in empowering partners with access to essential functionalities. Additionally, a new partnership with CAE Healthcare has been formed, marking the manikin for resuscitation skills assessment as hStream-Certified. This initiative aims to streamline interoperability and enhance offerings in the healthcare ecosystem.

HealthStream (NASDAQ: HSTM) has partnered with CAE Healthcare to enhance the American Red Cross Resuscitation Suite program. This collaboration introduces a new hStream-Certified manikin for skills testing in resuscitation training, allowing healthcare organizations to choose from multiple manikin options. The technology measures learner performance objectively, providing a reliable pathway to certification. Over 700,000 healthcare professionals have already earned Red Cross certificates through HealthStream’s platform. Demonstrations of the new manikin are being offered, with shipments expected in early Q2 2023.