HEALTHSTREAM INC
For the period ended Oct 21, 2024. Filed Oct 21, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 21, 2024 · Filed Oct 21, 2024
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HSTM$28.89-2.4%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 30, 2024 | September 30, 2023 | September 30, 2024 | September 30, 2023 | |
| Revenues, net | $73,095 | $70,339 | $217,411 | $208,482 |
| Operating costs and expenses: | ||||
| Cost of revenues (excluding depreciation and amortization) | 24,470 | 23,587 | 72,825 | 71,010 |
| Product development | 12,100 | 10,901 | 36,208 | 33,610 |
| Sales and marketing | 11,497 | 11,290 | 34,676 | 34,324 |
| Other general and administrative expenses | 8,457 | 9,295 | 26,325 | 27,223 |
| Depreciation and amortization | 10,073 | 10,403 | 30,779 | 30,550 |
| Total operating costs and expenses | 66,597 | 65,476 | 200,813 | 196,717 |
| Operating income | 6,498 | 4,863 | 16,598 | 11,765 |
| Other income, net | 981 | 590 | 2,722 | 1,329 |
| Income before income tax provision | 7,479 | 5,453 | 19,320 | 13,094 |
| Income tax provision | 1,754 | 1,586 | 4,202 | 2,471 |
| Net income | $5,725 | $3,867 | $15,118 | $10,623 |
| Net income per share: | ||||
| Basic | $0.19 | $0.13 | $0.50 | $0.35 |
| Diluted | $0.19 | $0.13 | $0.50 | $0.35 |
| Weighted average shares of common stock outstanding: | ||||
| Basic | 30,409 | 30,683 | 30,374 | 30,653 |
| Diluted | 30,590 | 30,769 | 30,512 | 30,734 |
| Dividends declared per share | $0.028 | $0.025 | $0.084 | $0.075 |
HealthStream Announces Third Quarter 2024 Results Page 6 October 21, 2024
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