HealthStream reported a 7% increase in revenue to $64.8 million and a 20% increase in adjusted EBITDA to $14.5 million for Q2 2021. However, operating income decreased by 20% to $3.4 million, and net income decreased by 29% to $2.4 million.
Revenues increased by 7% to $64.8 million compared to Q2 2020.
Operating income decreased by 20% to $3.4 million compared to Q2 2020.
Net income decreased by 29% to $2.4 million compared to Q2 2020.
Adjusted EBITDA increased by 20% to $14.5 million compared to Q2 2020.
HealthStream updated its full year 2021 guidance, reflecting assumptions regarding the COVID-19 pandemic, integration costs, investments in sales, marketing, and product development for recently acquired companies, and estimated deferred revenue write-downs.
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