HealthStream Reports Q3 Earnings Beat on Revenue and EPS
HealthStream (HSTM) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a GAAP EPS of $0.18, surpassing estimates by $0.02, while total revenue reached $83.3 million, representing an 8.9% increase year-over-year and beating projections by $1.14 million. Adjusted EBITDA for the quarter was $19.3 million, a slight increase from the $19.1 million reported in the same period last year. The company maintains a healthy liquidity position with approximately $40 million in cash on hand.
Tickers: $HSTM
Topics: earnings beat EBITDA financial results revenue growth