secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001437749-25-032791
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthStream Q3 revenue $76.5M (+4.6% YoY), record; net income $6.1M, EPS $0.20; raises 2025 guidance
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- Q3 revenue $76.5M (record), +4.6% YoY; net income $6.1M, EPS $0.20; adjusted EBITDA $19.1M (record), +7.9% YoY.
- Raised full-year 2025 revenue guidance to $299.5-301.5M (prev $297.5-303.5M); net income $20.3-21.5M; adjusted EBITDA $69.5-71.5M.
- Acquired Virsys12 (healthcare tech) on Oct 8 for $13M cash + up to $4M contingent; expands provider data mgmt for payers.
- Board declared Q4 dividend of $0.031/share, payable Nov 28 to holders of record Nov 17.
- Completed $25M share repurchase program during Q3; no debt; cash $92.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000143774925032791/0001437749-25-032791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000143774925032791/hstm20250819_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-032791

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