Record-Breaking Revenue
Achieved record quarterly revenue of $74.4 million, up 4% from the same quarter last year.
Significant Deal Closures
Closed 4 out of 5 large deals, with an average contract value of $2.2 million, including a multimillion-dollar contract for the American Red Cross Resuscitation program.
Strong Performance in Core Solutions
CredentialStream grew by 26%, ShiftWizard by 21%, and the competency suite by 18%.
AI and Innovation
Launched the HealthStream Learning Experience (HLX) with 47,000 users and incorporated AI technologies such as OpenAI's GPT-4.0.
Financial Strength
Net income up 29.3% and adjusted EBITDA up 11.3%. Maintained strong cash position with $90.6 million and no debt.