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) 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.
Huron (NASDAQ: HURN) is set to release its second-quarter financial results for the period ending June 30, 2022, after market hours on Thursday, July 28, 2022. A conference call featuring CEO James H. Roth, CFO John D. Kelly, and President C. Mark Hussey will take place on the same day at 5:00 p.m. ET. Investors can access the call through Huron's website, with a replay available for 90 days post-event.
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Global professional services firm Huron (NASDAQ: HURN) announced that Jennifer Pavelec and Susan Vick have been recognized by Consulting magazine as 2022 Women Leaders in Technology. Pavelec was honored for her outstanding client service, assisting universities and research institutions in optimizing their operations and technology. Vick received recognition for her leadership in Huron's digital capabilities, contributing to strategic growth and operational excellence. Their achievements were celebrated at the Women Leaders in Technology awards event on May 26, 2022.
Huron (NASDAQ: HURN) has announced the promotion of J. Ronald Dail to chief operating officer, effective July 1, 2022. He will succeed C. Mark Hussey, who will transition to CEO on January 1, 2023. Dail, previously head of Huron's largest business unit, will focus on operational excellence and revenue growth. His leadership has resulted in significant benefits for clients, delivering hundreds of millions in annual recurring revenue. Huron aims to optimize operations and expand globally under Dail's guidance.
Huron reported a strong Q1 2022 with revenues increasing by $56.8 million, or 28.0%, to $260.0 million compared to Q1 2021. Net income rose to $26.9 million, marking a significant gain of $21.4 million. The results include an unrealized gain of $19.8 million on a hospital-at-home investment. Adjusted EBITDA grew 34.4% to $22.1 million. Diluted EPS increased to $1.27 from $0.24. Huron revised its 2022 revenue guidance to between $1.00 billion and $1.05 billion, anticipating adjusted EBITDA margins of 11.25% to 12.25%.
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Huron (NASDAQ: HURN) is set to release its financial results for the first quarter ending March 31, 2022, after market close on May 3, 2022. CEO James H. Roth, CFO John D. Kelly, and COO C. Mark Hussey will discuss the results in a conference call at 5:00 p.m. ET on the same day. The call will be webcast on Huron’s official website, with a replay available for 90 days. Huron specializes in professional services, helping clients implement strategies, enhance operations, and drive digital transformation.