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Biotech / Medical : HealthStream (HSTM)
HSTM 25.76-2.2%Oct 8 2:01 PM EST

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From: JakeStraw7/25/2007 9:54:24 AM
   of 21
 
HealthStream Announces Second Quarter 2007 Results
biz.yahoo.com
Tuesday July 24, 4:30 pm ET

NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthStream, Inc. (NASDAQ: HSTM):

Highlights:

* Revenues of $12.0 million in the second quarter of 2007, up 47% over the second quarter of 2006, including $3.7 million resulting from the acquisition of The Jackson Organization on March 12, 2007
* Net income of $425,000, or $0.02 per diluted share, in the second quarter of 2007, up from $289,000, or $0.01 per diluted share, in the second quarter of 2006
* Adjusted EBITDA of $1.9 million in the second quarter of 2007, compared to $1.0 million in the second quarter of 2006
* 1,422,000 healthcare professional subscribers fully implemented on our Internet-based learning network at June 30, 2007, up from 1,309,000 at June 30, 2006
* Approximately 85 percent of our subscriber base has transitioned to the Next Generation HealthStream Learning Center®, as of July 18, 2007
* Increased availability under line of credit to $15.0 million
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