secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001437749-22-003909
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthStream Q4 revenue up 4% to $64.3M, net loss $0.4M; full-year adj EBITDA record $52.7M
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- Q4 operating loss $0.5M vs income $1.1M; $2.4M stock-comp charge from CEO's share gift to 1,000+ employees.
- Full-year revenue $256.7M (+5% YoY); net income $5.8M, down 59%; diluted EPS $0.18 vs $0.44.
- Record adj EBITDA $52.7M (+15% YoY); cash & securities $51.9M, no debt.
- Board authorized $20M share repurchase program; $5.1M bought in Q4.
- 2022 guidance: revenue $267.5-$273M, adj EBITDA $50-$53.5M, capex $26-$29M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000143774922003909/0001437749-22-003909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000143774922003909/hstm20211230_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-003909

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer