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Sep 30, 2024
HealthStream Q3 2024 Earnings Report
HealthStream's financial performance increased, marked by revenue growth and improved profitability.
Key Takeaways
HealthStream reported a strong third quarter in 2024, with revenues up 3.9% to $73.1 million, operating income increasing by 33.6% to $6.5 million, and net income rising by 48.0% to $5.7 million. The company's EPS also increased from $0.13 to $0.19. Adjusted EBITDA grew by 9.0% to $17.7 million. The Board of Directors declared a quarterly cash dividend of $0.028 per share.
Revenues increased by 3.9% to $73.1 million compared to Q3 2023.
Operating income rose by 33.6% to $6.5 million year-over-year.
Net income increased by 48.0% to $5.7 million compared to the same quarter last year.
Adjusted EBITDA increased by 9.0% to $17.7 million.
Revenue by Segment
Forward Guidance
HealthStream updated its guidance for 2024, reflecting expectations for new sales and renewals while assuming stable general economic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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