NASDAQ$HSTM

HealthStream Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

HealthStream's financial performance increased, marked by revenue growth and improved profitability.

HealthStream reported a strong third quarter in 2024, with revenues up 3.9% to $73.1 million, operating income increasing by 33.6% to $6.5 million, and net income rising by 48.0% to $5.7 million. The company's EPS also increased from $0.13 to $0.19. Adjusted EBITDA grew by 9.0% to $17.7 million. The Board of Directors declared a quarterly cash dividend of $0.028 per share.

  • Revenues increased by 3.9% to $73.1 million compared to Q3 2023.
  • Operating income rose by 33.6% to $6.5 million year-over-year.
  • Net income increased by 48.0% to $5.7 million compared to the same quarter last year.
  • Adjusted EBITDA increased by 9.0% to $17.7 million.

Headline financials

Total Revenue

$73.1M

Previous: $70.3M+3.9%
EPS

$0.19

Previous: $0.13+46.2%
Capital Expenditures

-$1.2M

Previous: -$1.85M+35.4%
Free Cash Flow

$4.53M

Previous: $2.01M+124.9%
Net Income

$5.73M

Previous: $3.87M+48.0%
Operating Income

$6.5M

Previous: $4.86M+33.6%
Gross Profit

-$24.5M

Previous: -$23.6M-3.7%
R&D Expense

$12.1M

Previous: $10.9M+11.0%
Stock-Based Comp

$1.13M

Previous: $1.04M+9.0%

Revenue & EPS history

HealthStream · Revenue · Quarterly

$73.1M

Q3 2024+3.9%vs Q3 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 guidance for 2024, reflecting expectations for new sales and renewals while assuming stable general economic conditions.

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 Q3 2024

Historical avgQ3 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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