NASHVILLE, Tenn. (AP) — HealthStream Inc. (HSTM) on Monday reported fourth-quarter profit of $923,000.
The Nashville, Tennessee-based company said it had profit of 3 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The provider of internet-based educational and training content for health care professionals posted revenue of $61.8 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $58.7 million.
For the year, the company reported profit of $14.1 million, or 44 cents per share. Revenue was reported as $244.8 million.
HealthStream shares have climbed roughly 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $23.30, a decrease of 9% in the last 12 months.