Healthstream Q2 Profit Beats View - Quick Facts

(RTTNews) - Healthstream Inc. (HSTM) Monday reported an increase in profit for the second quarter, as revenues improved by 24 percent over last year. Both earnings and revenues came in above analysts' expectations.

Net income for the quarter declined to $2.42 million from $2.43 million in the year-ago quarter. Earnings for the latest second quarter were $0.09 per share, same as last year.

On average, three analysts polled by Thomson Reuters expected the company to earn $0.08 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues were $31.92 million, up 24 percent from $25.84 million last year, while five analysts had consensus revenue estimate of $31.36 million.

Looking ahead, the company revised its previous guidance and anticipates consolidated revenues for 2013 to grow between 23 to 25 percent over full-year 2012.