Welcome to our dedicated page for Harte Hanks news (Ticker: HHS), a resource for investors and traders seeking the latest updates and insights on Harte Hanks stock.
Harte Hanks, Inc. reports news as a customer experience company serving clients through Revenue Solutions, Customer Care, and Fulfillment & Logistics Services. Company updates commonly cover quarterly and annual results, revenue trends by segment, EBITDA and adjusted EBITDA measures, cost controls, customer contract transitions, and operating initiatives such as Project Elevate.
Recurring developments also include customer care partnerships, data-driven marketing assets, healthcare marketing capabilities, leadership changes, and financing actions such as amendments to its asset-based revolving credit facility. Its Fulfillment & Logistics Services business includes printing, lettershop, mail optimization, logistics, transportation optimization, monitoring, and tracking for traditional and specialized mailings.
Harte Hanks (NASDAQ:HHS) reported financial results for Q4 and the full year ended December 31, 2022, showcasing strong growth and a solid financial position. Q4 revenues rose 5.4% to $54.8 million, driven by a 34.4% increase in Fulfillment & Logistics Services. Annual revenues grew 6% to $206.3 million, with a significant boost in operating income to $15.1 million, up 97.8% year-over-year. Net income for the year was $36.8 million, aided by a $19.8 million tax benefit. The company eliminated debt and redeemed preferred shares, enhancing liquidity. For 2023, Harte Hanks anticipates continued revenue and EBITDA growth despite modest Q1 challenges.
Harte Hanks (NASDAQ:HHS) will release its financial results for the fourth quarter and full year ended December 31, 2022, on March 7, 2023, after market close. A conference call and webcast to discuss these results will occur the same day at 4:30 p.m. EST. Interested parties can join via this link or by calling (877) 545-0523 in the U.S. or (973) 528-0016 internationally with access code 471821. A replay will be available until March 21, 2023.
Harte Hanks specializes in customer experience solutions and serves major clients like Bank of America and Pfizer, with a workforce of over 2,500 employees globally.
Harte Hanks (HHS) has partnered with luxury retailer PIRCH to implement targeted lead generation and direct marketing initiatives in Southern California. The collaboration aims to enhance PIRCH's customer engagement during the home remodeling journey through strategic demographics and data analysis. Direct mail formats will be tested to optimize marketing efforts. PIRCH's VP of Marketing, Gene Hodges, praised Harte Hanks' expertise in direct marketing, while Harte Hanks emphasized its commitment to providing turnkey services to help PIRCH secure new customers. This partnership reflects Harte Hanks' dedication to customer experience and data-driven strategies.
Chelmsford, MA / ACCESSWIRE / January 9, 2023 - Harte Hanks (Nasdaq:HHS) announced its participation in the Sidoti & Company Virtual Micro-Cap Conference on January 18, 2023, at 10:45 a.m. ET. The company will also host individual meetings with investors on January 18 and 19, 2023. Interested parties can access the conference presentation via Harte Hanks' investor relations website. Known for providing customer experience solutions, Harte Hanks serves global brands and has over 2,500 employees worldwide.
Harte Hanks (NASDAQ:HHS) has finalized its agreement with Wipro, LLC to repurchase all outstanding Series A Convertible Preferred Shares. The total cash payment for the repurchase amounted to $9,926,000, alongside the issuance of 100,000 shares of Harte Hanks common stock. This transaction, which was completed on December 2, 2022, eliminates the dilutive impact of the Preferred Shares and removes restrictions on capital usage. CEO Brian Linscott emphasizes that this move reinforces the company's commitment to enhancing shareholder value.
Harte Hanks Inc. (NASDAQ:HHS) has successfully acquired InsideOut Solutions, LLC for $7.5 million in cash and stock. This acquisition positions Harte Hanks to enhance its sales optimization capabilities, enabling it to provide improved demand generation programs. The deal adds 136 employees and a new office in Florida, expanding its North American presence. CEO Brian Linscott highlighted that this acquisition is expected to yield short-term revenue growth and project a 3-4x EBITDA valuation due to anticipated cost synergies.
Harte Hanks (NASDAQ:HHS), a global leader in customer experience, announced its CEO, Brian Linscott, will present at the 11th Annual Discovery One-on-One Investor Conference on December 1, 2022, in New York City. The company also plans to hold one-on-one meetings with investors throughout the event. Interested parties can register for the conference and schedule meetings via the provided online link. Harte Hanks is dedicated to delivering CX strategy, analytics, and program execution, boasting partnerships with major brands like Bank of America and Ford.
Harte Hanks, Inc. (NASDAQ:HHS) reported third quarter 2022 financial results, revealing an 8.7% revenue increase to $53.9 million from $49.6 million the previous year. Despite an operating income decline of 10.7% to $3.8 million, net income rose to $7.2 million, bolstered by $2.5 million from selling unused IP addresses. Fulfillment & Logistics Services saw a significant growth of 55.6%, while Marketing Services and Customer Care revenues fell by 11.6% and 12.1%, respectively. The company aims for continued growth and profitability moving into 2023.
Harte Hanks, Inc. (NASDAQ:HHS) will report its Q3 2022 financial results after market close on November 10, 2022. A conference call will follow at 4:30 p.m. ET to discuss the results. Interested parties can access the call via a webcast or by dialing in. A replay will be available until November 24, 2022. The company specializes in customer experience, utilizing data-driven analytics to enhance client engagement. Harte Hanks serves major brands like Bank of America and Pfizer with a workforce of over 2,500 employees globally.
Harte Hanks (NASDAQ: HHS) will present at the Reuters Strategic Marketing Conference on October 21-22, 2022, discussing 'Gen Z & The Rise of Digital Commerce'. Dan Rubin, Chief Analytics Officer, will share insights on engaging Gen Z through data-driven marketing strategies that enhance e-commerce experiences. The conference aims to equip marketing leaders with tools for modern engagement. Additionally, Harte Hanks will exhibit at the Customer Service and Experience Conference from October 18-19, featuring notable brands like UPS and IHG Hotels.