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. (NASDAQ: HURN) is a global professional services firm that regularly issues news and updates about its strategy, operations, acquisitions, and financial performance. This news page aggregates press releases and other coverage related to Huron, giving investors and observers a single place to review the company’s publicly reported developments.
Huron’s news flow often centers on quarterly and year-to-date financial results, where the company reports revenues before reimbursable expenses, net income, diluted earnings per share, and non‑GAAP measures such as EBITDA, adjusted EBITDA, adjusted net income, and adjusted diluted earnings per share. These releases also discuss demand trends across the Healthcare, Education, and Commercial segments, utilization rates for Consulting and Digital capabilities, and updates to annual guidance.
Another key category of HURN news involves acquisitions and strategic transactions. Recent announcements include agreements to acquire Eclipse Insights, a revenue cycle consulting firm serving healthcare providers; the acquisition of the payor consulting services division of AXIOM Systems, which expands Huron’s capabilities in the healthcare payor ecosystem; the acquisition of Wilson Perumal & Company, a strategy and operations consulting firm focused on managing complexity; and the acquisition of Treliant, LLC, an advisory and managed services partner to the financial services industry. These stories describe how Huron is broadening its healthcare, commercial, and financial services offerings.
Huron also issues news about capital structure and investor relations events, such as the amendment and extension of its senior secured credit facility and announcements of upcoming earnings releases and webcasts. In addition, the company highlights external recognitions, including rankings by Forbes, Consulting Magazine, and Time magazine.
By reviewing the HURN news feed on a recurring basis, readers can follow how Huron communicates its financial performance, expansion of consulting and managed services capabilities, and key corporate milestones across its Healthcare, Education, and Commercial segments.
Huron (NASDAQ: HURN) announced the promotion of 33 managing directors and principals to enhance its strategic objectives and growth goals. CEO C. Mark Hussey praised the leaders for their impactful contributions to the company and clients. Key promotions include Ashley Anderson, Don Bieger, and Mike Champa, among others, each bringing extensive experience in healthcare, technology, and operational transformation. These advancements aim to drive performance improvement and innovation across various sectors, aligning with Huron's mission of empowering businesses to optimize operations and embrace digital transformation.
OneSchema has secured $6.3M in funding led by General Catalyst, with contributions from Sequoia Capital and Y Combinator. The company offers a powerful CSV importer designed to streamline data ingestion for developers, significantly reducing the time required for integration. OneSchema's solution is already being utilized by over 50 companies, including notable names like Huron Consulting Group (NASDAQ: HURN). Co-founders Christina Gilbert and Andrew Luo aim to transform the landscape of data integration, enhancing accessibility and usability of previously challenging CSV data.
Huron (NASDAQ: HURN) has announced an amendment and extension of its senior secured credit facility, changing the maturity date from September 27, 2024, to November 15, 2027. The facility maintains $600 million in aggregate revolving commitments and offers favorable pricing and flexibility for capital deployment. Additionally, it includes provisions for pricing adjustments based on ESG performance. CFO John D. Kelly emphasized the facility's role in supporting growth and capital requirements, reflecting lender confidence in Huron's strategy.
Huron (NASDAQ: HURN) announces that Katie Clarke, a principal in their healthcare team, has been recognized as a 2022 Woman Leader in Consulting by Consulting magazine. This honor highlights her significant contributions to the healthcare industry, focusing on patient-centered organizational cultures and innovative care models.
Clarke's leadership fosters digital transformation and improves patient satisfaction. The award was presented on Nov. 3, 2022, showcasing Clarke's commitment to building stronger healthcare communities.
Huron (NASDAQ: HURN) reported a strong financial performance for Q3 2022, with revenues rising by 27.4% to $285.4 million from $224.0 million in Q3 2021. Digital capabilities drove a notable 45.5% increase in revenues. Net income increased 29.2% to $17.7 million, while diluted EPS rose 34.4% to $0.86. For the first nine months, total revenues increased 24.6% to $818.7 million, with adjusted EBITDA growing 34.0%. Huron anticipates its 2022 revenue guidance at $1.09 billion to $1.11 billion.
Global professional services firm Huron (NASDAQ: HURN) is set to announce its third-quarter financial results for the period ending September 30, 2022, after market closure on November 1, 2022. The announcement will be followed by a conference call at 5:00 p.m. Eastern Time, hosted by CEO James H. Roth, CFO John D. Kelly, and President C. Mark Hussey. The call will be accessible via Huron's website, with a replay available shortly after for 90 days.
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Huron (NASDAQ: HURN) has appointed Joy Brown to its board of directors. With extensive experience in technology and analytics, Brown previously held executive roles at Verizon Media and Capital One, where she focused on data transformation and enhancing customer engagement. Non-executive chairman John McCartney highlighted her potential to impact Huron's growth objectives significantly. This addition aims to diversify the board's expertise as part of Huron's multi-year refresh process, enhancing its ability to meet strategic and financial goals.
Huron (NASDAQ: HURN) has appointed Kristen Bruner as the new Chief Human Resources Officer and Corporate Vice President. Bruner, who has extensive experience in talent management and organizational development, previously held senior HR roles at Boeing and W.L. Gore & Associates. Her focus will be on advancing Huron's strategic people goals, enhancing diversity and inclusion, and fostering a collaborative workplace culture. Mark Hussey, Huron's president, expressed confidence in her ability to strengthen the company's inclusive culture and employee experience.
Huron reported strong financial results for Q2 2022, with revenues up 18.8% year-over-year to $273.3 million, and net income rising 8.4% to $13.9 million. Diluted EPS increased 11.9% to $0.66. Adjusted EBITDA grew 29.6% to $33.2 million, driven by a 47% growth in digital services across healthcare, education, and commercial sectors. For the first half of 2022, revenues reached $533.4 million, a 23.1% increase, alongside a revised revenue guidance of $1.04 billion to $1.08 billion for the full year. The company also repurchased 1.0 million shares for $52.2 million.