NASHVILLE, Tenn.--(BUSINESS WIRE)--July 26, 2005--HealthStream, Inc. (NASDAQ:HSTM):
Highlights:
-- Revenues of $6.8 million in the second quarter of 2005, up 45% over the second quarter of 2004, or an increase of 19%, excluding $1.2 million resulting from the acquisition of DMR on March 28, 2005.
-- Net income of $23,000 in the second quarter of 2005, compared to a net loss of $529,000 in the second quarter of 2004
-- EBITDA earnings of $739,000 in the second quarter of 2005, compared to a loss of $69,000 in the second quarter of 2004
-- 1,113,000 healthcare professional subscribers fully implemented on our Internet-based learning network at June 30, 2005, up from 864,000 at June 30, 2004, a 29% increase
-- 99% renewal rate in the second quarter of 2005 for HealthStream Learning Center, based on number of subscribers
-- Fifth Annual eLearning Summit held with over 500 healthcare education management attendees
HealthStream, Inc. (NASDAQ/NM: HSTM), a leading provider of learning solutions for the healthcare industry, announced today results for the second quarter ended June 30, 2005.
