HEALTHSTREAM INC
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HealthStream Inc has released its earnings summary for the quarter that ended on March 31. The report contains the financial results for the company during this period. The information was provided by Refinitiv.
HealthStream (NASDAQ:HSTM) announced that its Board of Directors has approved a stock buyback program of $10.0 million, allowing the repurchase of up to 1.7% of its shares. This decision often signals the board's belief that the company's shares are undervalued. The company also reported strong quarterly earnings, beating analyst expectations, and increased its quarterly dividend.
HealthStream Inc. (HSTM) reported a net income of $2.5 million for its fourth quarter, translating to 9 cents per share, or 18 cents per share after adjustments. The company, which provides internet-based educational content for healthcare, achieved $79.7 million in revenue for the quarter and $304.1 million for the full year. HealthStream anticipates full-year revenue to be between $323 million and $330 million.
