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Jun 30, 2020
HealthStream Q2 2020 Earnings Report
HealthStream's financial performance decreased slightly due to COVID-19 impact and delayed purchasing decisions.
Key Takeaways
HealthStream reported a decrease in revenue but an increase in operating and net income for Q2 2020. Revenue was $60.6 million, down 5% from Q2 2019, while operating income increased to $4.3 million and net income rose to $3.4 million. EPS increased to $0.11 per share.
Revenues decreased by 5% to $60.6 million compared to Q2 2019.
Operating income increased to $4.3 million, compared to $2.3 million in Q2 2019.
Net income increased by 43% to $3.4 million, compared to $2.4 million in Q2 2019.
Earnings per share (EPS) increased to $0.11 per share (diluted) compared to $0.07 per share (diluted) in Q2 2019.
Forward Guidance
Due to the unpredictable and evolving environment related to the COVID-19 pandemic, the Company is not providing 2020 guidance in this earnings release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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