logo
Share SHARE
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
Even after two years of thoroughly searching across the Indian Ocean, using modern technologies and devices, there is no clue about the Malaysian airline that vanished on March 8, 2014. Internet access is growing worldwide, but there is still a long way to go before the entire world is completely wired, a study from the Pew Research Center has found. The study also noted that men have greater access to the Internet than women in many nations. Backtracking on its early announcements on digital privacy, WhatsApp is planning to share member information, phone numbers and analytical data with Facebook, to make revenue from the platform.
comments powered by Disqus
Follow RTT