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Stock Market & Financial Investment News

News Breaks
March 4, 2014
09:31 EDTHSTMHealthstream acquires Health Care Compliance Strategies
HealthStream announced that it has acquired Health Care Compliance Strategies, a Jericho, New York-based company focused on interactive and engaging online compliance training for healthcare organizations. HealthStream purchased the outstanding equity of HCCS for approximately $13M in cash, subject to a post-closing working capital adjustment, and $2.4M in shares of HealthStream’s common stock in a private placement. In addition, up to an additional $750,000 in cash will be paid over a 12-month period following closing, subject to the achievement of certain performance milestones post-closing. HealthStream also stated that it will recognize transaction related expenses of approximately $450,000 in its first quarter 2014 results relating to the acquisition of HCCS in accordance with generally accepted accounting principles.
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July 21, 2014
16:38 EDTHSTMHealthstream sees FY14 revenues up 26%-29%, consensus $167.09M
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16:34 EDTHSTMHealthstream reports Q2 EPS 8c, consensus 8c
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