HealthStream announced its Q1 2022 results, with revenues up 3% to $65.4 million, operating income up 22% to $4.0 million, and net income up 26% to $2.9 million compared to the first quarter of 2021. The company's performance was in line with expectations, setting the groundwork for further growth.
Revenues for Q1 2022 increased by 3% to $65.4 million compared to $63.5 million for Q1 2021.
Operating income for Q1 2022 was $4.0 million, a 22% increase from $3.3 million in Q1 2021.
Net income for Q1 2022 increased by 26% to $2.9 million, compared to $2.3 million in Q1 2021.
Earnings per share (EPS) for Q1 2022 was $0.09 per share (diluted) compared to $0.07 per share (diluted) in Q1 2021.
The Company reiterates its guidance for 2022 as previously announced on February 21, 2022. The Company’s financial guidance assumes that public health conditions associated with the pandemic and general economic conditions do not deteriorate during 2022. This consolidated guidance does not include the impact of any acquisitions that we may complete during 2022.
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