HealthStream's Q4 2022 revenues increased by 7% to $68.5 million, with operating income rising to $3.1 million and net income reaching $2.5 million, or $0.08 EPS. The company completed the acquisition of Electronic Education Documentation System, LLC (d/b/a "eeds").
Revenues increased by 7% to $68.5 million compared to Q4 2021.
Operating income improved to $3.1 million, up from an operating loss in Q4 2021.
Net income increased to $2.5 million, up from a net loss in Q4 2021.
Earnings per share (EPS) reached $0.08 per share (diluted), compared to a loss of $0.01 per share (diluted) in Q4 2021.
The Company is providing guidance for 2023 on a consolidated basis, reflecting assumptions regarding the COVID-19 pandemic and current economic conditions, projecting revenue between $282 million and $290 million and adjusted EBITDA between $58 million and $62 million. This guidance does not include the impact of any acquisitions that we may complete during 2023.
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