HealthStream (NasdaqGS:HSTM) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Company ParticipantsMollie Condra - Head of Investor Relations and CommunicationsRichard Close - Managing Director of Digital and Tech-Enabled Health Equity ResearchRobert A. Frist Jr. - CEO and ChairmanRyan Daniels - Partner and Group Head of Healthcare Technology and ServicesScotty Roberts - CFO and SVP of Finance and AccountingConference Call ParticipantsConstantine Davides - Managing Director and Senior Equity AnalystMatthe ...

HealthStream (NasdaqGS:HSTM) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Company ParticipantsMollie Condra - Head of Investor Relations and CommunicationsRichard Close - Managing Director of Digital and Tech-Enabled Health Equity ResearchRobert A. Frist Jr. - CEO and ChairmanRyan Daniels - Partner and Group Head of Healthcare Technology and ServicesScotty Roberts - CFO and SVP of Finance and AccountingConference Call ParticipantsConstantine Davides - Managing Director and Senior Equity AnalystMatthe ...

HealthStream (NasdaqGS:HSTM) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Speaker3Good morning, and welcome to HealthStream's fourth quarter and full year 2025 earnings conference call. At this time, I would like to inform you that the conference is being recorded and that all participants are in listen-only mode. At the request of the company, we will open the conference up for questions and answers after the presentation. I would now like to turn the conference over to Mollie Condra, Head of Invest ...

Company Overview - HealthStream is a market leader in workforce solutions for U S healthcare organizations, focusing on learning, credentialing, and scheduling [18] - The company serves the highly regulated healthcare industry, which faces challenges in improving patient safety and workforce retention [18] - HealthStream's vision is to improve the quality of healthcare by developing the people who deliver care, with 96% of employees reporting that the vision inspires their performance [6, 9] Financial Performance - In Q1 2025, HealthStream's revenues reached $73 5 million, with an adjusted EBITDA of $16 2 million [18] - For FY 2024, the company reported revenues of $291 6 million and an adjusted EBITDA of $66 8 million [18] - The company has a strong balance sheet with $113 3 million in cash as of Q1 2025 and no debt [18] Market and Growth Strategies - HealthStream is expanding its total addressable market by targeting 1,000+ nursing schools and 1,000,000+ nursing students [33] - The company's growth strategies include expanding its customer network, increasing the value of each account through cross-selling, and growing new revenue streams via partners and PaaS capabilities [38] - The total addressable market (TAM) is 12,600,000 individuals focused on healthcare delivery [29]