HealthStream Announces Second Quarter 2018 Results
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HealthStream (HSTM) Tops Q2 EPS by 1c
July 23, 2018 4:34 PM EDTHealthStream (NASDAQ: HSTM) reported Q2 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $57 million versus the consensus estimate of $56.71 million.
The Company adopted the new revenue recognition standard (ASC 606) utilizing the modified retrospective approach effective January 1, 2018, such that the Company will recognize revenue under this new standard for periods beginning on and after January 1, 2018, but will continue to report results for periods prior to January 1, 2018 under the prior revenue recognition standard (ASC 605). To assist in providing comparability against 2017 results, the Company will continue to disclose certain... More
