FONT-SIZE Plus   Neg

HealthStream Q1 Profit Declines

HealthStream Inc. (HSTM) reported first-quarter net income of $1.4 million or $0.05 per share, down from $1.5 million or $0.07 per share last year

On average, analysts polled by Thomson Reuters expected earnings of $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue for the quarter rose 28 percent to $23.7 million from $18.5 million a year ago.

Analysts expected revenues of $22.75 million for the quarter.

Looking ahead, the company reiterated its previous guidance and anticipates a 21-25 percent increase in consolidated revenues for the full year 2012 compared to the previous year. The company expects a 20-26 percent increase in year-over-year operating income .

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT