Healthstream Inc. (Nasdaq:HSTM) announced results for the third quarter ended September 30, 2011. Revenues of $20.6 million in the third quarter of 2011, up 24% over the third quarter of 2010. Operating income of $2.7 million in the third quarter of 2011, up 59% over the third quarter of 2010. Net income of $1.8 million, up 126% from net income of $796,000 in the third quarter of 2010, and earnings per share (EPS) of $0.08 per share (diluted) in the third quarter of 2011, up 100% from EPS of $0.04 per share (diluted) in the third quarter of 2010. Adjusted EBITDA of $4.4 million in the third quarter of 2011, up 46% from $3.0 million in the third quarter of 2010. J. Edward Pearson named senior vice president & chief operating officer

HealthStream, Inc. provides Internet-based learning and research solutions in the United States. The company operates in two segments, HealthStream Learning and HealthStream Research.

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