HealthStream reported a 5% increase in revenue to $70.3 million, with operating income up 104% to $4.9 million. Net income rose by 5% to $3.9 million, and EPS increased to $0.13 per share. Adjusted EBITDA reached $16.2 million, a 28% increase.
Revenues increased by 5% to $70.3 million compared to Q3 2022.
Operating income increased by 104% to $4.9 million compared to Q3 2022.
Net income increased by 5% to $3.9 million compared to Q3 2022.
Adjusted EBITDA increased by 28% to $16.2 million compared to Q3 2022.
The Company is updating its guidance for 2023. The guidance assumes that public health conditions associated with COVID-19 and current economic conditions do not deteriorate during the remainder of 2023 and does not include the impact of any future acquisitions.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance