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Dec 31, 2023
HealthStream Q4 2023 Earnings Report
Announced fourth quarter and full-year 2023 results and increased quarterly dividend.
Key Takeaways
HealthStream's Q4 2023 saw a revenue increase of 3% to $70.6 million, operating income rose by 38% to $4.3 million, and net income increased by 87% to $4.6 million, with EPS up from $0.08 to $0.15.
Revenues increased by 3% to $70.6 million compared to Q4 2022.
Operating income increased by 38% to $4.3 million compared to Q4 2022.
Net income increased by 87% to $4.6 million compared to Q4 2022.
Earnings per share (EPS) increased to $0.15 per share (diluted) from $0.08 per share (diluted) in Q4 2022.
Forward Guidance
The Company is providing guidance for 2024 for revenue and adjusted EBITDA. The company expects to set new records in 2024.
Positive Outlook
- Expectations for new sales and renewals.
- General economic conditions, including inflationary pressures, do not deteriorate.
- Expanded addressable market to include the nation’s nursing schools and their one million nursing students.
- Launched new e-commerce capabilities, enabling direct sales to physicians, nurses, and nursing students.
- Believe we will set new records again in 2024
Challenges Ahead
- This consolidated guidance does not include the impact of any acquisitions that we may complete during 2024.
- This consolidated guidance does not include gains or losses from changes in the fair value of minority investments.
- This consolidated guidance does not include impairment of long-lived assets.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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