HealthStream, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 23, 2023 at 04:30 pm EDT
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HealthStream, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 70.34 million compared to USD 67.29 million a year ago. Net income was USD 3.87 million compared to USD 3.67 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.12 a year ago.
For the nine months, sales was USD 208.48 million compared to USD 198.29 million a year ago. Net income was USD 10.62 million compared to USD 9.64 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.31 a year ago.
HealthStream, Inc. provides platform-delivered workforce solutions. Its solutions include Software-as-a-Service (SaaS), subscription-based applications used by healthcare organizations to meet a range of their workforce development needs around learning, clinical development, credentialing, and scheduling. Its content libraries allow customers to subscribe to an array of courseware, which includes content from healthcare and nursing associations, medical and healthcare publishers, and other content providers. Its scheduling solutions provide customers with real-time visibility into clinical staff scheduling. Its credentialing, privileging, and enrollment solution, CredentialStream, provides customers a user experience with a continual stream of enhancements, evidence-based content, and curated data, which provides healthcare organizations with tools to support the provider lifecycle management from recruiting, application submission, verification of licensure, and other credentials.