HEALTHSTREAM INC

HealthStream, Inc. held its annual meeting of shareholders on May 28, 2026, where several key proposals were submitted to a vote. Shareholders elected three Class II directors for a three-year term: A. Alex Jahangir, Jeffrey L. McLaren, and Linda Rebrovick. Additionally, the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified. Shareholders also approved a non-binding advisory resolution on the company's executive compensation.

HealthStream, Inc. announced the promotion of Michael M. Collier to Chief Operating Officer and Executive Vice President. In his new role, Mr. Collier will oversee enterprise operations, including customer experience, M&A, and will lead the company's AI transformation. In connection with his promotion, Mr. Collier received stock options for 18,781 shares at an exercise price of $23.96, an increased base salary, and eligibility for cash bonuses and RSUs. CEO Robert A. Frist, Jr. also received a grant of 18,781 stock options with the same exercise price and vesting schedule.

HealthStream reported strong financial results for the first quarter of 2026, with significant increases in net revenues, net income, and diluted earnings per share compared to the prior year. The company also continued its share repurchase program, buying back $7.5 million worth of common stock, and declared a quarterly cash dividend. These results reflect solid operational performance and effective capital management.

HealthStream announced strong first quarter 2026 results, with revenues reaching a new company record of $81.2 million, a 10.5% increase year-over-year. Operating income surged by 71.6% to $7.5 million, and diluted EPS rose to $0.20. The Board of Directors also declared a quarterly cash dividend of $0.035 per share and reaffirmed full-year 2026 guidance. Additionally, the company repurchased $7.5 million in common stock during the quarter and promoted Michael M. Collier to Chief Operating Officer.