HealthStream announced a 5% increase in revenue, reaching $62.7 million, and an 18% increase in operating income, totaling $3.3 million for the fourth quarter of 2019. The company also completed the acquisition of CredentialMyDoc for $9.0 million.
Revenues increased by 5% to $62.7 million compared to Q4 2018.
Operating income rose by 18% to $3.3 million compared to Q4 2018.
Income from continuing operations increased by 21% to $3.6 million compared to Q4 2018.
Completed the acquisition of CredentialMyDoc on December 16, 2019, for $9.0 million.
HealthStream provided financial guidance for the full year 2020, including revenue expectations for Workforce Solutions and Provider Solutions, as well as operating income and capital expenditures.
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