Health Care Sector Update for 02/19/2015: HSTM,EPRS,CSLT

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Health care stocks were narrowly lower today with the NYSE Health Care Sector Index slipping 0.2% and shares of health care companies in the S&P 500 falling about 0.1% as a group.

In company news, Healthstream Inc. ( HSTM ) tumbled Thursday after the health care enterprise software company reported Q4 net sales narrowly trailing analyst projections.

Sales rose 22.4% over year-ago levels to $45.58 million, lagging the Thomson Reuters consensus estimates by around $200,000. Per-share earnings for the quarter climbed to $0.10 from $0.07 during the same quarter last year, matching the Street view.

Looking forward to FY15, the company is projecting consolidated revenue growth of 18% to 21% over its $170.7 million in total revenue last year. That translates into a range of $201.4 million to $206.5 million, in-line with the Capital IQ consensus expecting $201.39 million in 2015 revenue.

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Health Care Sector Update for 02/19/2015: HSTM,EPRS,CSLT

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