Other workforce revenues, including revenues from acquisitions during the fourth quarter of 2020 as well as revenues from our new American Red Cross Resuscitation Suite, increased by $4.5 million, or 12 percent, and included growth in platform and content subscriptions of $2.4 million, or seven percent, and revenues from acquisitions consummated during the fourth quarter of 2020 of $2.1 million, net of deferred revenue write-downs.
9 million in the fourth quarter of 2020 compared to $12.6 million in the fourth quarter of 2019, a decrease of $5.7 million.
The decrease in revenues from legacy resuscitation products drove this decline, as such products were $6. Revenues from our Workforce Solutions segment were $49.7 million for the fourth quarter of 2020, compared to $50.9 million for the fourth quarter of 2019. Revenues for the fourth quarter of 2020 decreased by $0.9 million, or one percent, to $61.8 million, compared to $62.7 million for the fourth quarter of 2019. 2021 EventĬompleted the acquisition of ComplyALIGN, a Chicago-based healthcare technology company, on January 19, 2021, for $2.0 million in cashįourth Quarter 2020 Compared to Fourth Quarter 2019 Income from continuing operations of $14.1 million, down 1% from $14.2 million in 2019Įarnings per share (EPS) from continuing operations of $0.44 per share (diluted) for both 20Īdjusted EBITDA from continuing operations of $46.0 million, down 2% from $47.2 million in 2019Īuthorized a share repurchase program to repurchase up to $30.0 million of outstanding shares of common stock on March 13, 2020, with shares valued at approximately $20.0 million having been repurchased through the end of 2020. Operating income of $15.8 million, up 7% from $14.7 million in 2019 Income from continuing operations of $0.9 million, down 74% from $3.6 million in the fourth quarter of 2019, which comparison was negatively impacted in the amount of $2.3 million associated with the factors noted above under operating incomeĮarnings per share (EPS) from continuing operations of $0.03 per share (diluted), compared to $0.11 per share (diluted) in the fourth quarter of 2019, which was negatively impacted in the amount of $0.07 associated with the factors noted above under operating incomeĪdjusted EBITDA1 from continuing operations of $10.7 million, down 4% from $11.2 million in the fourth quarter of 2019Ĭompleted the acquisition of ShiftWizard, Inc., a Raleigh, North Carolina-based company focused on providing a SaaS-based scheduling solution, on Octofor approximately $32.0 millionĬompleted the acquisition of Change Healthcare’s staff scheduling business, which includes their ANSOSTM Staff Scheduling application and related products, on Decemfor approximately $67.5 millionĬompleted the acquisition of m圜linicalExchange LLC, a Denver-based information technologies company, on Decemfor approximately $4.5 million
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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 with diligence and other professional expenses associated with such acquisitions Revenues of $61.8 million, down 1% from $62.7 million in the fourth quarter of 2019 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.
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(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. NASHVILLE, Tenn.-( BUSINESS WIRE )-HealthStream, Inc. HealthStream Announces Fourth Quarter & Full-year 2020 Results
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