logo
Share SHARE
FONT-SIZE Plus   Neg

HealthStream Q1 Profit Declines

HealthStream Inc. (HSTM: Quote) 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
Hewlett-Packard Co. (HPQ) has filed a lawsuit against Michael Lynch, the co-founder of Autonomy Corp., and its former Financial Chief Sushovan Hussain for a whopping $5.1 billion alleging that the executives misrepresented the financial situation of Autonomy. An HP's spokeswoman confirmed that the... Nine acres of green grass with 400 trees and a half-mile-long walk way. We are not talking about any park, but the expansive rooftop of Facebook's new office. The 430,000 square feet office is a single room and it might be the largest open floor plan in the world. Outrage in the business world may be helping re-shape a new Indiana law that many are calling "anti-gay." Embarrassed and worried about the backlash from the national business community, the state's paper of record is loudly calling on legislators to re-word the law. The front page of the Indianapolis...
comments powered by Disqus
RELATED NEWS
Trade HSTM now with 
Follow RTT