secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2022-07-25T23:59:59+00:00
Accession:  0001437749-22-017704
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthStream Q2 revenue up 1% to $65.6M; EPS $0.10; reaffirms FY guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000143774922017704/0001437749-22-017704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000143774922017704/hstm20220519_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-017704

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