Q3: 2025-11-03 Earnings Summary

EPS of $0.20 beats by $0.02

 | Revenue of $76.47M (4.62% Y/Y) beats by $954.00K

HealthStream, Inc. (HSTM) Q3 2025 Earnings Call November 4, 2025 9:00 AM EST

Company Participants

Mollie Condra – Vice President of Investor Relations & Communications
Robert Frist – Co-Founder, Chairman of the Board & CEO
Scott Roberts – CFO & Senior VP

Conference Call Participants

Matthew Hewitt – Craig-Hallum Capital Group LLC, Research Division
Richard Close – Canaccord Genuity Corp., Research Division
Vincent Colicchio – Barrington Research Associates, Inc.

Presentation

Operator

Good morning, and welcome to HealthStream’s Third Quarter 2025 Earnings Conference Call. At this time, I would like to inform you that this conference is being recorded. [Operator Instructions]

I will now turn the conference over to Mollie Condra, Head of Investor Relations and Communications. Please go ahead, Ms. Condra.

Mollie Condra
Vice President of Investor Relations & Communications

Thank you. Good morning, and thank you for joining us today to discuss our third quarter 2025 results. Also on the conference call with me today is Robert A. Frist, Jr., CEO and Chair of HealthStream; and Scotty Roberts, CFO and Senior Vice President of Finance and Accounting.

I would also like to remind you that this conference call may contain forward-looking statements regarding future events and the future performance of HealthStream that could involve risks and uncertainties that could cause the actual results to differ materially from those projected in the forward-looking statements. Information concerning these risks and other factors that could cause the results to differ materially from those forward-looking statements are contained in the company’s filings with the SEC, including Forms 10-K, 10-Q and our earnings release.

Additionally, we may reference measures such as adjusted EBITDA, which is a non-GAAP financial measure. A table providing supplemental information on adjusted EBITDA and reconciling to net income attributable to HealthStream is included in the earnings release that we issued yesterday and we may refer

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