earnings
confidence high
sentiment neutral
materiality 0.65
HealthStream Q2 revenue up 7% to $64.8M; net income down 29%; updates FY2021 guidance
HEALTHSTREAM INC
2021-Q2 EPS reported
$0.15
revenue$128,284,000
- Revenue $64.8M (+7% YoY); operating income $3.4M (-20%); net income $2.4M (-29%); EPS $0.08 vs $0.11.
- Adjusted EBITDA $14.5M (+20% YoY); Workforce Solutions rev $52.2M (+7%); Provider Solutions $12.7M (+9%).
- Acquired deferred revenue write-down reduced revenue by $1.2M in Q2 2021 (vs $0.14M in Q2 2020).
- FY2021 guidance: consolidated revenue $253-257M, adjusted EBITDA $48-50M, capex $25-27M.
- hStream contracted subscriptions at 4.52M as of June 30, 2021.