earnings
confidence high
sentiment negative
materiality 0.70
HealthStream Q2 revenue up 1% to $65.6M; EPS $0.10; reaffirms FY guidance
HEALTHSTREAM INC
2022-Q2 EPS reported
$0.19
revenue$131,005,000
- Revenue $65.6M (+1% YoY); operating income $3.0M (-14%); net income $3.1M (+26%); diluted EPS $0.10 (vs $0.08).
- Adjusted EBITDA $13.1M (-10% YoY). Reaffirms FY2022 revenue guidance $267.5-$273M and adjusted EBITDA $50-$53.5M.
- Completed acquisition of remaining 82% of CloudCME for ~$4M cash + $4.1M stock; recorded $0.9M gain on fair value change.
- Workforce Solutions revenue $52.5M (+1% YoY); Provider Solutions $13.2M (+4%).
- Repurchased $3.1M in shares during Q2 under expanded $10M authorization; cash & securities $39.2M at June 30.