NasdaqGS:HSTMHealthcare Services
HealthStream (HSTM) Stock Price Climbs As Rich Valuation Draws Focus
HealthStream stock jumped about 5% today to US$29.80, extending a strong three month run, as investors reacted to what the company called record second quarter results. Revenue reached US$83.7m and basic earnings per share came in at roughly US$0.23, both important markers for a healthcare software vendor that lives on recurring contracts and bundled platforms.
The short term story is the pop in the share price. The longer term question for you is whether a business growing high single digits...