---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028764"
form_type: "8-K"
ticker: "HSTM"
cik: "0001095565"
company_name: "HEALTHSTREAM INC"
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T16:16:12.336700+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HealthStream Q3 2023 revenue $70.3M (+5% YoY), EPS $0.13; raises adjusted EBITDA guidance

## Summary
- Revenue $70.3M (+5% YoY), operating income $4.9M (+104%), net income $3.9M (+5%), diluted EPS $0.13 (from $0.12).
- Adjusted EBITDA $16.2M (+28% YoY); full-year 2023 adjusted EBITDA guidance raised to $59-62M (from $57.5-60.5M).
- Board declared quarterly cash dividend $0.025/share, payable Dec 22, 2023 to holders of record Dec 11, 2023.
- Share repurchase program authorized Sep 13, 2023 for up to $10M; $2.1M in shares repurchased in Q3 2023.
- Contracted subscriptions to hStream platform approximately 5.70 million as of September 30, 2023.

## SEC filing metadata
- accession: 0001437749-23-028764
- form_type: 8-K
- ticker: HSTM
- cik: 0001095565
- company_name: HEALTHSTREAM INC
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095565/000143774923028764/0001437749-23-028764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095565/000143774923028764/hstm20230829_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028764
- JSON: https://secwatch.observer/filing/0001437749-23-028764.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028764.txt

## Key facts
- Earnings Releases
  HEALTHSTREAM INC reported the third quarter ended September 30, 2023 results: revenue $70.3 million, net income $3.9 million, EPS $0.13 per share (diluted). Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $70.3 million
  - Net income: $3.9 million
  - EPS: $0.13 per share (diluted)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Revenues of $70.3 million in the third quarter of 2023 , up 5% from $67.3 million in the third quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095565/000143774923028764/0001437749-23-028764-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.