HealthStream: 4Q Earnings Snapshot
NASHVILLE, Tenn. (AP) _ HealthStream Inc. (HSTM) on Tuesday reported fourth-quarter profit of $2.8 million.
The Nashville, Tennessee-based company said it had net income of 9 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The provider of internet-based educational and training content for health care professionals posted revenue of $59.8 million in the period.
For the year, the company reported profit of $32.2 million, or $1 per share. Revenue was reported as $231.6 million.
HealthStream expects full-year revenue in the range of $251 million to $258 million.
HealthStream shares have risen 12 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $26.97, a climb of 13 percent in the last 12 months.