Healthstream Earnings: Everything You Must Know Now

Healthstream Inc. (NASDAQ:HSTM) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Healthstream Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 0% to $0.07 in the quarter versus EPS of $0.07 in the year-earlier quarter.

Revenue: Rose 27% to $27.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Healthstream Inc. reported adjusted EPS income of $0.07 per share. By that measure, the company missed the mean analyst estimate of $0.08. It beat the average revenue estimate of $27.02 million.

Quoting Management: “2012 was an outstanding year for HealthStream,” said Robert A. Frist, Jr., chief executive officer of HealthStream. “Compared to the prior year, revenues increased 26 percent, operating income grew 19 percent, and net income increased 10 percent. Moreover, we contracted over 350,000 new subscribers to the HealthStream Learning Center™ in 2012, which is an increase of 17 percent above the prior year. We are excited to expand our services beyond the hospital market into the post-acute care market, which, when combined with the acute care hospital segment, brings our market opportunity to a base of approximately eight million healthcare professionals,” said Frist. “Going forward, we are well capitalized for making strategic investments in 2013 that we believe will deliver significant value to our customers that, in turn, position us for long-term growth. I look forward to reporting continued progress throughout 2013 as we execute our business strategy and strive to deliver superior results for all of our stakeholders.”

Key Stats (on next page)…