HMHC - HMHC STOCK NEWS

HMH reported strong financial results for Q3 2021, with a 22% year-over-year increase in billings. The company raised its full-year guidance for the second time this year, driven by strong demand for its learning solutions. Key metrics include a 25.9% increase in net sales to $417 million and adjusted EBITDA growth of 76.7% to $146 million. Additionally, annual recurring revenue (ARR) surged 123% to $120 million, marking 11% of trailing twelve-month billings. The company has strengthened its balance sheet and significantly reduced costs.

Learning technology company Houghton Mifflin Harcourt (HMH) will release its third quarter 2021 financial results on November 4, 2021, before market opening. Investors are invited to join a conference call at 9:30 a.m. ET that day to discuss the results, which will be webcast live. HMH emphasizes its commitment to delivering solutions that enhance learning outcomes, serving over 50 million students and 3 million educators globally. For long-term investors, the upcoming results and conference call could be pivotal for assessing HMH's growth strategy.

Houghton Mifflin Harcourt (HMH) announced that Chief Financial Officer Joe Abbott will participate in the Goldman Sachs 30th Annual Communacopia Conference. The fireside chat is scheduled for 10:30 a.m. ET on Thursday, Sept. 23, 2021. Investors and interested parties can access the live webcast and audio replay on HMH's investor relations website. HMH is a leading learning technology company serving over 50 million students in 150 countries, focused on enhancing educational outcomes through innovative solutions.

Houghton Mifflin Harcourt announced significant upgrades to its Ed platform and HMH Growth Measure to enhance educational outcomes. The updates aim to support educators in learning recovery post-pandemic and include features like easier content access, improved lesson planning, and new interventions like English 3D and Waggle. These enhancements will provide educators with better assessment tools, enabling precise tracking of student progress, particularly for at-risk learners. The platform now offers tailored instructional insights and a smoother user experience for both teachers and students.

Houghton Mifflin Harcourt (HMH) will attend the BMO 2021 Technology Summit with Jack Lynch, President and CEO, and Joe Abbott, CFO, participating in a fireside chat.

The event is scheduled for 8:00 a.m. ET on August 25, 2021. A live webcast and audio replay will be available on the company's website for 30 days post-event. HMH, a leader in learning technology, serves over 50 million students worldwide, enhancing educational outcomes.

Houghton Mifflin Harcourt (HMHC) reported strong Q2 2021 results, with net sales rising 43% to $309 million, driven by demand for teaching solutions. Billings increased 25% year-over-year to $327 million, prompting an upward revision of full-year guidance to $980-1,020 million. Annualized Recurring Revenue (ARR) grew 106% to $77 million. Despite rising costs, the company showed improved cash flow, with a $101 million free cash flow, reflecting strong operational leverage. Overall, HMH is positioned well as schools return to in-person learning, enhancing its growth prospects.

According to Houghton Mifflin Harcourt's 2021 Educator Confidence Report, teacher optimism has plummeted to pre-pandemic levels, with only 38% expressing a positive outlook, down from 49% in 2020. While there is increased confidence in using educational technology (66%), concerns about students' social-emotional wellbeing persist, with 58% of educators worried about heightened issues. The report highlights a shift in teaching methods and increased reliance on technology, with 73% of teachers using online assessments, as they anticipate significant changes in classrooms post-pandemic.

Houghton Mifflin Harcourt (HMH) has appointed Chris Symanoskie as Vice President of Investor Relations, effective July 20, 2021. Reporting to CFO Joe Abbott, Symanoskie will bridge communication with the financial community. With over 20 years of experience in investor relations, he previously held significant roles at American Public Education and Laureate Education. Abbott expressed confidence in Symanoskie's expertise to enhance HMH's investor relations and support its Digital First, Connected strategy. HMH serves over 50 million students and 3 million educators globally.

Houghton Mifflin Harcourt (HMHC) will announce its Q2 2021 financial results on August 5, 2021, before market opening. The company plans to host a conference call at 9:30 a.m. ET the same day for investor discussions, which will be available via webcast. An archived version will also be accessible for one year. HMH, a leader in K-12 educational solutions, aims to enhance student outcomes through innovative technology and educational resources, serving over 50 million students worldwide.