HealthStream: 2Q Earnings Snapshot
NASHVILLE, Tenn. (AP) _ HealthStream Inc. (HSTM) on Monday reported second-quarter profit of $2.4 million.
The Nashville, Tennessee-based company said it had net income of 7 cents per share. Earnings, adjusted for stock option expense, came to 12 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The provider of internet-based educational and training content for health care professionals posted revenue of $63.8 million in the period.
HealthStream expects full-year revenue in the range of $251 million to $258 million.
HealthStream shares have increased 10% since the beginning of the year. In the final minutes of trading on Monday, shares hit $26.67, a drop of 8.5% in the last 12 months.