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Healthstream (HSTM)
NASDAQ:HSTM
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Earnings Data
Report Date
Feb 24, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.13Last Year’s EPS
$0.15Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 21, 2024
|% Change Since: 10.65%
|Next Earnings Date:Feb 24, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, new product launches, and significant growth in key product lines. However, challenges with legacy product declines and lower-than-expected revenue from a major customer were noted. Despite these challenges, the company maintains a strong cash position and is optimistic about future growth.Company Guidance
During HealthStream's Q3 2024 earnings call, the company reported record quarterly revenues of $73.1 million and a record adjusted EBITDA of $17.7 million, reflecting a year-over-year increase. HealthStream emphasized the strength of its sales pipelines for CredentialStream and ShiftWizard products, as well as new reporting and analytics tools. The company highlighted its strategic focus on SaaS-based solutions, with 96% of its revenue being subscription-based, and a strong cash balance of $94.9 million. HealthStream's guidance for the full year 2024 anticipates revenues between $290 million and $292 million, net income between $18.5 million and $19.5 million, and adjusted EBITDA ranging from $66 million to $67.5 million. Additionally, the company is optimistic about the integration of its hStream technology platform and the potential to drive growth through new product rollouts and pricing escalators.Record Quarterly Revenues and EBITDA
HealthStream delivered record quarterly revenues of $73.1 million and a record quarterly adjusted EBITDA of $17.7 million.
Strong Pipeline and Market Expansion
HealthStream is seeing strong sales pipelines in CredentialStream, ShiftWizard, and new reporting and analytics products, with expansion into the nursing school market.
Launch of Insights Plus
Insights Plus, a new reporting and analytics solution, was launched, replacing two legacy solutions and generating $2 million in bookings in the first three quarters.
Growth in Key Product Lines
Revenues from CredentialStream grew 34%, and ShiftWizard grew 17% over the third quarter last year.
Healthy Cash Position
The company reported a strong cash balance of $94.9 million with no debt.
New Patent and Product Announcements
HealthStream received a patent for its privileging solution and announced the Provider Portfolio feature and My Learning integration with HealthStream Learning Center.
Positive Customer Engagement and Renewals
A large East Coast customer renewed its contract with a 29% increase in annual recurring revenue, adding Insights Plus and other products.
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HSTM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HSTM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 21, 2024 | $28.42 | $30.04 | +5.70% |
| Jul 22, 2024 | $30.64 | $29.40 | -4.05% |
| Apr 22, 2024 | $24.04 | $26.33 | +9.53% |
| Oct 23, 2023 | $21.83 | $25.08 | +14.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Healthstream (HSTM) report earnings?
Healthstream (HSTM) is schdueled to report earning on Feb 24, 2025, TBA Not Confirmed.
What is Healthstream (HSTM) earnings time?
Healthstream (HSTM) earnings time is at Feb 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HSTM EPS forecast?
HSTM EPS forecast for the fiscal quarter 2024 (Q4) is $0.13.
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