secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2021-07-26T23:59:59+00:00
Accession:  0001564590-21-037966
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthStream Q2 revenue up 7% to $64.8M; net income down 29%; updates FY2021 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000156459021037966/0001564590-21-037966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000156459021037966/hstm-8k_20210726.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-037966

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