NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — HealthStream Inc. (HSTM) on Monday reported first-quarter profit of $2.6 million.
On a per-share basis, the Nashville, Tennessee-based company said it had net income of 9 cents. Earnings, adjusted for restructuring costs, were 12 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The provider of internet-based educational and training content for health care professionals posted revenue of $68.9 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $68.3 million.
HealthStream expects full-year revenue in the range of $277.5 million to $283 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSTM at https://www.zacks.com/ap/HSTM
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.