HealthStream Inc., which provides Internet-based educational and training content for health care professionals, said Monday its third-quarter net income rose on greater revenue from both its learning and research businesses.
The company said its profit grew to $1.8 million, or 8 cents per share, from $796,000, or 4 cents per share. Revenue rose 24 percent, to $20.6 million from $16.6 million.
The company said revenue for the HealthStream Learning business rose 28 percent and HealthStream Research revenue grew 14 percent.
Analysts expected HealthStream to report a profit of 5 cents per share on revenue of $20.5 million, according to FactSet.
HealthStream stock edged up 2 cents to $15.27 Monday and was unchanged in aftermarket trading.