A Statement from Houghton Mifflin Harcourt

Rhea-AI Summary

On July 16, 2020, Houghton Mifflin Harcourt (NASDAQ: HMHC) addressed rumors circulating on Twitter regarding new sales contracts. The company clarified that these claims were factually incorrect and urged stakeholders to refer to their official site for accurate updates. HMH is a leading provider in educational solutions, serving over 50 million students globally. The firm remains committed to enhancing educational outcomes and working closely with educators for improved student engagement.

Positive

• Leading provider of educational solutions, serving over 50 million students and 3 million educators.
• Focuses on improving student outcomes and empowering educators.

Negative

• Rumors of new sales contracts could damage credibility and investor trust.

BOSTON, July 16, 2020 /PRNewswire/ -- On Wednesday, July 16, several false rumors were posted on Twitter after market trading hours about Houghton Mifflin Harcourt (NASDAQ: HMHC) signing new sales contracts both domestically and internationally. These rumors are factually incorrect. For accurate and updated information, please visit ir.hmhco.com.

About Houghton Mifflin Harcourt

Houghton Mifflin Harcourt (NASDAQ: HMHC) is a learning company committed to delivering connected solutions that engage learners, empower educators and improve student outcomes. As a leading provider of K–12 core curriculum, supplemental and intervention solutions and professional learning services, HMH partners with educators and school districts to uncover solutions that unlock students' potential and extend teachers' capabilities. HMH serves more than 50 million students and 3 million educators in 150 countries, while its award-winning children's books, novels, non-fiction, and reference titles are enjoyed by readers throughout the world. For more information, visit www.hmhco.com.

Contact

Investors
Brian S. Shipman, CFA
SVP, Investor Relations
(212) 592-1177
brian.shipman@hmhco.com

Media
Bianca Olson
SVP, Corporate Affairs
(617) 351-3841
bianca.olson@hmhco.com

 

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SOURCE Houghton Mifflin Harcourt

FAQ

What recent rumors affected Houghton Mifflin Harcourt (HMHC)?

False rumors about new sales contracts were circulated on Twitter.

What did Houghton Mifflin Harcourt say about the rumors?

HMH clarified that the rumors were factually incorrect.

What is the focus of Houghton Mifflin Harcourt?

HMH focuses on providing educational solutions to improve student outcomes.

How many students does Houghton Mifflin Harcourt serve?

HMH serves over 50 million students worldwide.