NASDAQ$HSTM

HealthStream Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

HealthStream's financial performance for Q2 2024 showed revenue and income growth.

HealthStream reported a 3.4% increase in revenue to $71.6 million, a 10.1% increase in operating income to $4.4 million, and a 0.8% increase in net income to $4.2 million compared to the second quarter of 2023. EPS increased to $0.14 per share.

  • Revenues increased by 3.4% to $71.6 million compared to Q2 2023.
  • Operating income increased by 10.1% to $4.4 million compared to Q2 2023.
  • Net income increased by 0.8% to $4.2 million compared to Q2 2023.
  • EPS increased to $0.14 per share (diluted) compared to $0.13 per share in Q2 2023.

Headline financials

Total Revenue

$71.6M

Previous: $69.2M+3.4%
EPS

$0.14

Previous: $0.13+7.7%
Adjusted EBITDA

$15.8M

No prior period
Dividend Per Share

$0.03

No prior period
Capital Expenditures

-$914K

Previous: -$1.38M+33.9%
Free Cash Flow

$3.25M

Previous: $2.75M+18.3%
Net Income

$4.17M

Previous: $4.13M+0.8%
Operating Income

$4.41M

Previous: $4.01M+10.1%
Gross Profit

-$23.7M

Previous: -$23.6M-0.7%
R&D Expense

$12.1M

No prior period
Stock-Based Comp

$1.09M

Previous: $1.09M+0.1%

Revenue & EPS history

HealthStream · Revenue · Quarterly

$71.6M

Q2 2024+3.4%vs Q2 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

HealthStream · $3.1M total across 2 segments · Q3 2023

  • Subscription Revenues
    $3.4M
  • Professional Services
    -$300K

Forward guidance

HealthStream updated its 2024 guidance, including projected net income.

Tailwinds

  • Expectations for new sales
  • Expectations for renewals
  • General economic conditions
  • Inflationary pressures
  • Sequential growth

Headwinds

  • Negative economic conditions
  • Inflationary conditions
  • Geopolitical instability
  • Russia/Ukraine conflict
  • Conflict in the Middle East

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.4%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-0.3%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+22.1%

Q3 2014

Best reaction

-19.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.0%-5.2%+3.6%
Q4 2025+5.7%-0.0%+0.0%
Q3 2025+2.8%-2.6%-2.4%
Q1 2025-19.3%-16.2%-14.9%
Q4 2024+0.1%+4.4%-0.8%
Q3 2024+4.3%-1.8%+8.5%
Q2 2024-3.0%-3.4%-7.3%
Q1 2024+6.3%+3.1%+9.8%
Q4 2023-1.6%-2.8%-2.8%
Q3 2023+13.6%+11.0%+16.0%
Q2 2023-1.4%-3.7%-8.1%
Q1 2023-6.9%-9.5%-12.3%
Q4 2022+4.9%+3.1%+7.0%
Q3 2022+4.6%+11.3%+14.3%
Q2 2022+4.5%+2.1%-2.0%
Q1 2022+2.2%-1.6%+4.4%
Q4 2021-17.0%-16.7%-14.7%
Q3 2021-8.8%-6.0%-10.9%
Q2 2021+0.6%-0.8%+0.2%
Q1 2021+9.2%+8.0%+18.4%
Q4 2020+0.7%+0.5%-2.6%
Q3 2020-9.4%-14.2%-9.3%
Q2 2020+0.3%+1.1%-5.6%
Q1 2020-3.4%-9.7%-4.1%
Q4 2019+0.2%+1.4%-16.1%
Q3 2019+6.3%+7.0%+4.4%
Q2 2019-0.8%+3.4%+3.5%
Q1 2019-4.8%-3.0%-5.0%
Q4 2018+3.9%+1.5%+5.8%
Q3 2018+1.8%-5.3%-15.2%
Q2 2018-6.5%-4.2%+6.2%
Q1 2018+4.8%+9.7%+17.3%
Q4 2017+6.0%+2.0%+1.9%
Q3 2017-0.3%-2.7%+2.6%
Q2 2017-12.0%-12.6%-13.5%
Q1 2017+17.3%+17.3%+18.2%
Q4 2016+0.1%+5.0%-2.8%
Q3 2016-9.5%-15.6%-2.3%
Q2 2016-3.9%-6.2%+0.1%
Q1 2016-0.8%
Q4 2015+12.9%
Q3 2015+10.8%
Q2 2015-0.6%
Q1 2015+12.1%
Q4 2014-7.9%
Q3 2014+22.1%
Q2 2014+13.9%
Q1 2014-5.7%
Q4 2013-7.2%
Q3 2013-4.5%
Q2 2013+11.2%
Q1 2013+16.9%
Q4 2012-0.2%
Q3 2012+1.9%
Q2 2012-2.9%
Q1 2011-2.1%
Q1 2012+2.0%
Q4 2009-5.1%
Q4 2011-5.1%
Q3 2010-5.8%
Q3 2011-5.8%
Q2 2011-4.4%
Q2 2010-4.4%
Q4 2010-4.4%
Q1 2010+5.6%

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