EarningsHealthStream reported Q3/24 non-GAAP EPS of $0.19, which exceeded our forecast and the FactSet consensus forecast of $0.13.
Market DemandGiven the scarcity of nursing labor, healthcare organizations have increased investment in nursing employee development to attract and retain talent, which should support strong demand for the company’s services.
Product DevelopmentInvestments in product development are bearing fruit as well, with a new analytics and reporting tool for learning called Insight Plus built on an upgraded technology stack.