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Healthstream Inc (HSTM) Q1 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Posted on 8366 HealthStream, Inc. (Nasdaq: HSTM), a leading provider of workforce and provider solutions for the healthcare industry, announced today results for the fourth quarter and full year ended December 31, 2020. In this earnings release, results are presented for continuing operations only, unless otherwise indicated, as our results for the fourth quarter and full-year 2019 reflect a gain on the sale of our previously divested Patient Experience (PX) business included in discontinued operations. Fourth Quarter 2020 Revenues of $61.8 million, down 1% from $62.7 million in the fourth quarter of 2019 Operating income of $1.1 million, down 66% from $3.3 million in the fourth quarter of 2019, which comparison was negatively impacted in the amount of $3.0 million by operating losses associated with the four companies we acquired during 2020 (driven in part by deferred revenue write-downs), along wi ....
Operator Ladies and gentlemen, thank you for standing by, and welcome to the HealthStream, Inc. Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to one of your speakers today Mollie Condra, Vice President, Investor Relations and Communications. Ma am, please go ahead. Mollie Condra Vice President of Investor Relations and Corporate Communications Thank you. Good morning, and thank you for joining us today to discuss our fourth quarter and full year 2020 results. Also in the conference call with me today are Robert A. Frist, Jr., CEO and Chairman of HealthStream; and Scotty Roberts, CFO and Senior Vice President. ....