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) 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.
Summary not available.
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%.
Summary not available.
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.
Huron (NASDAQ: HURN) held a virtual Investor Day to present its growth strategy and financial goals through 2025.
The strategy focuses on enhancing revenue and profitability with key initiatives in:
- Healthcare and Education growth
- Expansion in Commercial Industries
- Strengthening Digital Capabilities
- Margin Expansion and improved EPS growth
The company targets low double-digit revenue growth, mid-teen adjusted EBITDA margins, and high-teen adjusted EPS growth by 2025.
Huron (NASDAQ: HURN) announced CEO James H. Roth will step down on December 31, 2022, after 13 years in that role, becoming vice chairman of the Board. C. Mark Hussey, current president and COO, will take over as CEO on January 1, 2023. Under Roth’s leadership, Huron nearly doubled its revenue to over $900 million in 2021 and expanded its workforce from 2,000 to over 4,500 globally. An Investor Day is set for March 29, 2022, to discuss the company's strategy and transition.
Huron (NASDAQ: HURN) announced the election of Peter Markell to its board of directors, increasing board membership to seven. Markell brings extensive financial expertise, having managed $14 billion in operations while serving as CFO at Mass General Brigham. His experience in healthcare and higher education aligns with Huron’s strategic goals. The board aims to enhance its capabilities further with new members to reflect diverse perspectives and better serve clients.