Healthstream Earnings: Here’s Why Shares are Up Now
Healthstream Inc. (NASDAQ:HSTM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.6%.
Healthstream Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 40% to $0.07 in the quarter versus EPS of $0.05 in the year-earlier quarter.
Revenue: Rose 25.05% to $29.6 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 beat the mean analyst estimate of $0.06. It beat the average revenue estimate of $28.74 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…