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), 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.
Harte Hanks Inc. (Nasdaq:HHS) announced an expanded partnership with FEVO, a social-commerce technology company, on September 15, 2022. This partnership makes Harte Hanks the exclusive customer experience (CX) partner for FEVO, building on previous successful collaborations. Harte Hanks will provide services such as client support, ticket fulfillment, and back-office support to enhance FEVO's customer engagement. This strategic alliance emphasizes Harte Hanks' commitment to delivering best-in-class customer care, as both companies seek to capitalize on FEVO's impressive growth from 2021.
Harte Hanks (Nasdaq:HHS) has been chosen by Quiet Platforms, a subsidiary of American Eagle Outfitters (NYSE:AEO), as their preferred 'Middle Mile' logistics manager. This partnership entails Harte Hanks managing the shipping of parcels over distances ranging from 600 to 2,000 miles. Quiet Platforms aims to enhance its customer service and operational efficiency through this collaboration, leveraging Harte Hanks' logistics expertise. The platform currently supports numerous brands, reflecting its growth within the logistics sector.
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.