HealthStream Q1 2024 GAAP EPS $0.17 Beats $0.11 Estimate, Sales $72.760M Beat $71.883M Estimate
Portfolio Pulse from Benzinga Newsdesk
HealthStream (NASDAQ:HSTM) reported Q1 2024 earnings of $0.17 per share, surpassing the $0.11 estimate, marking an 88.89% increase from the previous year. Sales reached $72.760M, exceeding the $71.883M estimate and showing a 5.53% increase year-over-year.

April 22, 2024 | 9:01 pm
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POSITIVE IMPACT
HealthStream's Q1 2024 earnings and sales exceeded analyst expectations, with significant growth in EPS and sales compared to last year.
Beating both earnings and sales estimates significantly, especially with a substantial year-over-year growth in EPS, suggests strong operational performance and efficiency. This outperformance is likely to instill investor confidence and could lead to a positive short-term price movement for HSTM.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100