<span item_type="fundamental" item_id="b1031a7d5e42e5a15dad660e1a71f8c3" counter_id="ST/US/HSTM" env="prod"></span><span item_type="announcement" item_id="545825406030058369" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 74.4 M, beating the estimate of USD 74.39 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.18, beating the estimate of USD 0.156.</p><p>EBIT: As of FY2025 Q2, the actual value is USD 6.867 M, beating the estimate of USD 5.391 M.</p><p></p><h3>Financial Metrics Summary</h3><h4>Revenue</h4><ul><li>Total revenue for the second quarter of 2025 was $74.4 million, marking a 4.0% increase from $71.6 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Subscription revenues increased by $2.9 million, or 4.2%, while professional services revenues decreased by $0.1 million compared to the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Revenues for the first six months of 2025 were $147.9 million, an increase of 2.5% over revenues of $144.3 million for the first six months of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li></ul><h4>Operating Income</h4><ul><li>Operating income for the second quarter of 2025 was $5.9 million, up 33.4% from $4.4 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Operating income for the first six months of 2025 increased by 1.6% to $10.3 million, compared to $10.1 million for the first six months of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li></ul><h4>Net Income</h4><ul><li>Net income for the second quarter of 2025 was $5.4 million, an increase of 29.3% from $4.2 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Net income for the first six months of 2025 increased to $9.7 million, compared to $9.4 million for the first six months of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li></ul><h4>Adjusted EBITDA</h4><ul><li>Adjusted EBITDA for the second quarter of 2025 was $17.6 million, up 11.3% from $15.8 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Adjusted EBITDA increased by 2.8% to $33.8 million for the first six months of 2025, compared to $32.9 million for the first six months of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>Net cash provided by operating activities for the six months ended June 30, 2025, was $32.1 million, compared to $27.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Net cash used in investing activities was - $18.4 million for the six months ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Net cash used in financing activities was - $21.1 million for the six months ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li></ul><h3>Financial Outlook for 2025</h3><ul><li>The Company projects full-year 2025 revenue to be between $297.5 million and $303.5 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Net income is expected to range from $19.5 million to $22.4 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Adjusted EBITDA is projected to be between $68.5 million and $72.5 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li><li>Capital expenditures are anticipated to be between $31.0 million and $34.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1095565/000143774925024629/ex_826784.htm"></span></li></ul>

HealthStream | 8-K: FY2025 Q2 Revenue Beats Estimate at USD 74.4 M