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) 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.
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%.