Welcome to our dedicated page for Huron Consul news (Ticker: HURN), a resource for investors and traders seeking the latest updates and insights on Huron Consul stock.
Huron Consulting Group Inc. reports developments tied to its work as a global professional services firm serving clients through Healthcare, Education and Commercial operating segments. Company news commonly covers financial results, revenue before reimbursable expenses, annual guidance, segment performance, and demand for services in strategy, operations, advisory, analytics and digital transformation.
Recurring updates also include completed acquisitions that expand Huron's healthcare and technology-enabled consulting capabilities, governance changes involving the board of directors, senior-level promotions, workplace recognition and earnings webcast schedules. Healthcare is a major reporting focus, including services for providers, payors and organizations modernizing operations and technology platforms.
Global professional services firm Huron (NASDAQ: HURN) will release its financial results for the fourth quarter and full year ended December 31, 2020, on February 23, 2021, after market close. The earnings announcement will be followed by a conference call led by CEO James H. Roth and CFO John D. Kelly at 5:00 PM ET. Investors can access the conference call on Huron's website, with a replay available for 90 days post-event. Huron focuses on helping clients achieve operational, digital, and cultural transformation.
Huron (NASDAQ: HURN) has finalized its acquisition of Unico Solution, enhancing its data management and governance capabilities. This acquisition aims to assist clients in optimizing operations and promoting cloud adoption. CEO James H. Roth expressed enthusiasm about integrating Unico's team and leveraging their expertise to accelerate business transformation and improve decision-making. Unico will be categorized under Huron’s Business Advisory segment, indicating a strategic move to align technology with organizational goals and empower clients to make informed, data-driven decisions.
Huron (NASDAQ: HURN) has announced the promotion of 12 managing directors and corporate vice presidents as part of its strategy to accelerate growth. CEO James H. Roth commended the leadership skills of these individuals, who have significantly impacted Huron's culture and client service. Key promotions include Nicole Bengtson, Cati Cederoth, and Elizabeth Entinghe, among others, bringing extensive experience in healthcare, technology consulting, and corporate development.
Huron (NASDAQ: HURN) has announced its acquisition of Unico Solution, a data strategy and technology consulting firm. This strategic move aims to enhance Huron's capabilities in data management and governance, critical for client digital transformation and cloud adoption. Over 30 Unico employees, including managing partner Vikas Punna, will join Huron. The acquisition is expected to close in February, and while the financial terms are undisclosed, it marks a significant step in bolstering Huron's service offerings in the data management sector.
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Huron reported third-quarter 2020 revenues of $205.3 million, down from $219.3 million YoY, with a net income of $11.1 million. The ongoing pandemic has disrupted operations, particularly in Healthcare and Education, while boosting demand for technology advisory services. Restructuring efforts include workforce reductions impacting 145 employees and projected annual savings of $23 million to $27 million. Huron expects fourth-quarter financial results to be negatively impacted by COVID-19 and has updated its full-year revenue guidance to $835 million to $855 million.
Huron (NASDAQ: HURN) has successfully acquired ForceIQ, a partner of Salesforce Industries, strengthening its digital transformation capabilities. This acquisition aims to enhance Huron's ability to deliver exceptional customer experiences across various sectors, including financial services, energy, and the public sector. The integration of ForceIQ into Huron's Business Advisory segment is anticipated to bolster growth and market expansion opportunities.
Huron (NASDAQ: HURN) will release its third-quarter financial results for the period ending September 30, 2020, after market close on November 2, 2020. CEO James H. Roth and CFO John D. Kelly will discuss these results in a conference call at 5:00 p.m. Eastern Time on the same day. The call will be accessible via Huron's website and will be available for replay for 90 days post-webcast. The company aims to assist clients in achieving strategic growth and navigating change through innovative solutions.
Huron (NASDAQ: HURN) announced that Kelsey Coleman, director at the firm, was named one of Consulting magazine’s 2020 Rising Stars in the public sector category. Coleman's recognition comes from her work with higher education institutions, helping them align their technology systems for better student outcomes. With eight years of experience in enhancing administrative processes, she also organized a women’s leadership summit to promote female empowerment in the workplace. The award was presented during a virtual event on October 15, 2020.