HealthStream, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 19, 2024 at 09:30 pm
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HealthStream, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 70.58 million compared to USD 68.54 million a year ago. Net income was USD 4.59 million compared to USD 2.45 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.08 a year ago.
For the full year, sales was USD 279.06 million compared to USD 266.83 million a year ago. Net income was USD 15.21 million compared to USD 12.09 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.39 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.