Yahoo Finance HealthStream First Quarter 2024 Earnings: Beats Expectations
HealthStream (NASDAQ:HSTM) First Quarter 2024 Results
Key Financial Results
Revenue: US$72.8m (up 5.5% from 1Q 2023).
Net income: US$5.23m (up 99% from 1Q 2023).
Profit margin: 7.2% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue.
EPS: US$0.17 (up from US$0.086 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
HealthStream Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 52%.
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Healthcare Services industry in the US.
Performance of the American Healthcare Services industry.
The company's shares are up 8.0% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for HealthStream that you should be aware of before investing here.
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