secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0001437749-24-023191
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthStream Q2 revenue $71.6M (+3.4%), EPS $0.14, updates FY2024 guidance
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- Q2 revenue $71.6M (+3.4% YoY), operating income $4.4M (+10.1%), net income $4.2M (+0.8%), diluted EPS $0.14 vs $0.13.
- Adjusted EBITDA $15.8M (+3.3%); customer bankruptcy charge of $1.0M impacted operating income and adjusted EBITDA.
- Updated FY2024 guidance: revenue $292-296M, net income $16.7-18.6M, adjusted EBITDA $64.5-67.5M, capex $28-30M.
- Board declared quarterly dividend of $0.028 per share, payable Aug 16, 2024 to holders of record Aug 5, 2024.
- Company has $83M cash, no outstanding debt; capital expenditures $6.9M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000143774924023191/0001437749-24-023191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000143774924023191/hstm20240530c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-023191

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