Needham & Company Cuts Price Target on HealthStream (HSTM) to $28 Following 3Q

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Go back to Needham & Company Cuts Price Target on HealthStream (HSTM) to $28 Following 3Q

HealthStream Announces Third Quarter 2016 Results

November 2, 2016 4:33 PM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- HealthStream, Inc. (NASDAQ: HSTM), a leading provider of workforce, patient experience, and provider solutions for the healthcare industry, announced today results for the third quarter ended September 30, 2016.

Revenues of $58.4 million in the third quarter of 2016, up 8% from $53.8 million in the third quarter of 2015 Operating income of $1.3 million in the third quarter of 2016, down 70% from $4.3 million in the third quarter of 2015 Net income of $1.2 million in the third quarter of 2016, down 56% from $2.6 million in the third... More