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. (NASDAQ:HHS) is a global customer experience and data-driven marketing company whose news flow centers on financial performance, strategic partnerships, technology initiatives and transformation progress. The company regularly issues earnings releases detailing results for its Customer Care, Fulfillment & Logistics and Marketing Services segments, along with commentary on cost structure, EBITDA trends and balance sheet strength.
Investors following HHS news will see quarterly and full-year results, updates on its multi-year transformation program Project Elevate, and disclosures about leadership changes such as the appointment of a new President to oversee business segments and M&A initiatives. Harte Hanks also reports on material financing developments, including amendments to its asset-based revolving credit facility with Texas Capital Bank that extend maturities and add borrowing flexibility.
Operational and commercial updates are another key theme. Recent announcements include the opening of a dedicated Customer Care center in Greenville, South Carolina in partnership with Samsung Electronics America, and exclusive rights to license ADS Data Direct’s Medical Ailment Database to support compliant, high-precision healthcare marketing. The company also highlights collaborations with technology providers, such as its work with Reddy to apply AI-driven coaching and training within global contact center operations.
This news page aggregates these earnings releases, 8-K-linked announcements and corporate updates so readers can track how Harte Hanks executes its customer experience strategy, manages its capital resources and expands relationships with major brands across healthcare, technology, consumer, financial services and other sectors.
Harte Hanks reported its Q2 2022 financial results, showing a revenue decrease of 1.4% to $48.6 million despite a 24.3% growth in Fulfillment & Logistics Services. Operating income surged 179.5% to $4.0 million, and EBITDA improved to $4.6 million from $2.1 million year-over-year. Net income dropped to $4.5 million from $10.6 million, affected by a prior-year non-recurring gain from PPP loan extinguishment. The company announced plans to repurchase all outstanding Preferred Stock, enhancing shareholder value.
Harte Hanks (NASDAQ:HHS) announced plans to report its Q2 2022 financial results on August 11, 2022, after market closure. A conference call will follow at 4:30 p.m. ET to discuss these results. Interested parties can access the call via a webcast or by dialing in at specified numbers. Harte Hanks, a global leader in customer experience, has a rich history of nearly 100 years, providing analytics and insights to clients worldwide. Their client roster includes major brands like IBM and FedEx.
Harte Hanks Inc. (NASDAQ:HHS) announced its selection by a leading business technology firm to enhance B2B marketing campaigns using its proprietary Audience Finder™ solution. This technology identifies in-market prospects showing purchase intent while respecting consumer privacy. The integration with DataView improves understanding of customer profiles, leading to a notable increase in qualified leads for marketing campaigns. The company emphasizes its commitment to developing innovative solutions to help clients effectively reach their prospects.
Harte Hanks (NASDAQ:HHS) announced a definitive agreement to repurchase all of its outstanding Series A Convertible Preferred Shares from Wipro, LLC for $9,926,000 in cash and 100,000 shares of common stock. This action is aimed at enhancing shareholder value by eliminating the dilutive effect of the Preferred Shares, which account for approximately 16% of the company's common stock on a fully diluted basis. The transaction is expected to close by the end of Q3 2022 and will free the company from certain capital restrictions.
Harte Hanks Inc. (Nasdaq:HHS) announced an expanded partnership with a global leader in transportation and e-commerce. The new agreement includes the development of custom content videos and interactive training aimed at enhancing customer support for U.S. business clients. Harte Hanks will create multiple short-form videos to address common inquiries and improve self-service options, thereby aiding customer education about shipping solutions. This initiative aims to deepen customer engagement and align with the client’s commitment to a customer-first approach.
Harte Hanks (Nasdaq:HHS) and FEVO will co-host a panel at Customer Contact Week 2022 in Las Vegas on June 22, 2022. The discussion, titled "How to Build a Holistic Marketing and Social Support Strategy", will explore enhancing customer experience through integrated customer care services and marketing strategies. Key speakers include Peter DeTrempe of Harte Hanks and Betty Tran of FEVO. This panel aims to leverage personalized marketing in the resurgent entertainment sector, sharing insights from successful collaborations between FEVO and major sports and entertainment brands.
Harte Hanks, Inc. (NASDAQ: HHS) will join the Russell Microcap® Index effective June 27, 2022, enhancing its visibility and liquidity. This follows their uplisting to NASDAQ earlier in 2022. Inclusion in the Russell index, which benchmarks approximately $12 trillion in assets, positions Harte Hanks favorably among index-focused investors. CEO Brian Linscott emphasized that this milestone marks a significant step in the company's turnaround strategy, aiming to better engage with clients and investors.
Harte Hanks (NASDAQ: HHS) has been awarded a new business assignment by a leading employee screening services company to enhance its B2B sales operations. The agreement includes services such as lead generation, appointment setting, and sales performance tracking. Harte Hanks was chosen for its proven ability to integrate with existing sales operations and offer cost-efficient solutions. The company's Managing Director expressed excitement about the partnership, highlighting its commitment to driving new business performance.
Harte Hanks Inc. (NASDAQ: HHS) has won two 2022 PDMA/ANA Benjamin Franklin Awards for its campaigns for Sony Electronics. The awards highlight creativity and results in marketing, recognizing the BRAVIA XR TV and 360 Reality Audio Speaker email campaigns. Both campaigns featured innovative content driving high customer engagement. The awards ceremony took place on May 19, 2022, in Philadelphia. Harte Hanks aims to continue its success in enhancing customer experiences through effective strategies and analytics.
On May 18, 2022, Harte Hanks (NASDAQ: HHS) announced its participation in The LD Micro Invitational XII on June 7-8, 2022, held at the Four Seasons in Los Angeles. CEO Brian Linscott and CFO Lauri Kearnes will present on June 7 at 4 p.m. PT, with a live stream available online. They will also hold one-on-one meetings for investors on both days. Interested attendees can email hhs@fnkir.com to schedule meetings. Harte Hanks continues to enhance its customer experience strategies across various industries.
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