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HealthStream reports 4Q loss

NASHVILLE, Tenn. (AP) _ HealthStream Inc. (HSTM) on Tuesday reported a fourth-quarter loss of $311,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 1 cent. Earnings, adjusted for non-recurring costs, came to 2 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The provider of internet-based educational and training content for health care professionals posted revenue of $58.7 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $60.3 million.

HealthStream shares have decreased almost 5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $23.88, a climb of 11 percent in the last 12 months.


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


Keywords: HealthStream, Earnings Report