Shares of HealthStream HSTM decreased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 27.27% over the past year to $0.08, which beat the estimate of ($0.03).
Revenue of $64,816,000 up by 7.04% from the same period last year, which beat the estimate of $61,860,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
The upcoming fiscal year's revenue expected to be between $253,000,000 and $257,000,000.
Recent Stock Performance
Company's 52-week high was at $29.52
52-week low: $17.95
Price action over last quarter: Up 20.47%
Company Overview
HealthStream Inc provides workforce and provider solutions for healthcare organizations. Its reportable segments include Workforce Solutions and Provider Solutions. Workforce development solutions consist of SaaS, subscription-based products that are used by healthcare organizations. Its Provider Solutions products offer healthcare organizations software applications for administering and tracking provider credentialing, privileging, call center and enrollment activities. The company generates a majority of its revenue from the Workforce solutions segment.
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