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Huron Consul - HURN STOCK NEWS

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Huron Consulting Group Inc. (NASDAQ: HURN) is a global professional services firm dedicated to helping organizations drive growth, enhance performance, and sustain leadership in their respective markets. With expertise spanning strategy, technology, operations, advisory services, and analytics, Huron partners with clients to develop strategies and implement solutions that enable transformative change necessary for future success.

Huron operates through three main segments:

  • Healthcare: This segment focuses on transforming and innovating healthcare delivery models to prioritize patient wellness. By improving quality outcomes and minimizing care variations, Huron helps healthcare organizations enhance patient and population health.
  • Education: Huron's Education segment provides management consulting and technology solutions to educational institutions. The firm's expertise aids in streamlining operations, enhancing student outcomes, and driving institutional success.
  • Business Advisory: The Business Advisory segment offers tailored services to large and middle-market organizations, not-for-profit entities, and private equity firms. This segment works on improving operational efficiency, strategic planning, and market competitiveness.

Huron Consulting Group generates a majority of its revenue from the Healthcare segment, reflecting its strong foothold and impact in the healthcare industry. Recent achievements include pioneering solutions to enhance patient care and advancing technology integrations to support evolving educational needs.

With a commitment to delivering high-quality advisory services and fostering long-term client partnerships, Huron Consulting Group continues to play a pivotal role in transforming organizations across various sectors. Stay updated with the latest developments as Huron propels its clients toward a successful and sustainable future.

Rhea-AI Summary

Huron (NASDAQ: HURN) reported record Q4 2024 financial results, with revenues increasing 14.5% to $388.4 million. Net income surged to $34.0 million from $2.8 million in Q4 2023, while diluted EPS rose to $1.84 from $0.15.

For full-year 2024, the company achieved record revenues of $1.49 billion, up 9.1% from 2023. Net income increased 86.7% to $116.6 million, with record diluted EPS of $6.27. The company returned $122.2 million to shareholders through share repurchases in 2024.

Key operational highlights include:

  • Adjusted EBITDA grew 37.3% to $56.8 million in Q4
  • Revenue-generating professionals increased 5% to 4,694
  • Managed Services professionals grew 45.7% to 1,530

Looking ahead, Huron provided 2025 guidance with revenues projected between $1.58-1.66 billion and adjusted diluted EPS ranging from $6.80 to $7.60.

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Huron (NASDAQ: HURN) has announced key upcoming investor events for early 2025. The company will release its fourth quarter and full year 2024 financial results on Tuesday, February 25, 2025, after market close, followed by a conference call hosted by CEO Mark Hussey and CFO John D. Kelly at 5:00 p.m. Eastern Time.

Additionally, Huron will host an Investor Day on Tuesday, March 25, 2025, from 9:00 a.m. to 12:00 p.m. Eastern Time at Nasdaq Marketsite® in New York. The event will feature presentations and Q&A sessions with CEO Hussey and Huron's leadership team. The Investor Day is open to institutional investors and analysts, with registration required by March 18, 2025.

Both events will be webcast live through Huron's investor relations website, with replays available afterward.

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Huron (NASDAQ: HURN) has been recognized as a 2025 'Best Place to Work' by Glassdoor for the second consecutive year, securing a position on the US Large list with a 4.3-star rating. This recognition is based on employee feedback collected through Glassdoor's proprietary awards algorithm.

The evaluation process considered reviews submitted by U.S.-based employees between October 17, 2023, and October 16, 2024. Companies on the large list must receive at least 75 ratings across Glassdoor's nine workplace attributes during the eligibility period.

Kristen Bruner, Chief Human Resources Officer of Huron, emphasized the company's commitment to investing in their people through professional growth opportunities, fostering an inclusive culture, and supporting employee well-being. The recognition reflects Huron's dedication to creating an environment where employees can reach their full potential.

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Huron (NASDAQ: HURN) has announced the promotion of 22 professionals to senior-level positions, including managing directors, operating managing directors, and principals. These promotions span across multiple divisions including Business Advisory, Digital, Education & Research, Healthcare Consulting, and Strategy & Innovation.

The promoted leaders bring extensive experience in various specialties including corporate restructuring, healthcare operations, higher education transformation, and strategic innovation. Key areas of expertise include revenue cycle management, operational improvements, technology implementation, and strategic planning across healthcare, education, and corporate sectors.

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Huron (NASDAQ: HURN) has earned recognition as a 'Best Place to Work for LGBTQ+ Equality' by the Human Rights Campaign Foundation for the tenth consecutive year, achieving a perfect score of 100 on the 2025 Corporate Equality Index (CEI).

The CEI, the nation's leading benchmarking survey for LGBTQ+ workplace equality, evaluates companies on corporate policies, culture, social responsibility initiatives, equal employment opportunities, and benefits. Huron is among 765 companies achieving perfect scores in 2025, with this year's index featuring participation from 1,449 businesses—the highest number since the CEI's inception in 2002.

Chief Human Resources Officer Kristen Bruner emphasized Huron's commitment to creating a global community where employees feel valued and empowered. The recognition reflects the company's ongoing dedication to fostering a culture of belonging and maintaining an environment where all employees can thrive.

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Huron (NASDAQ: HURN) has announced the promotion of Hope Katz to executive vice president, general counsel, and corporate secretary, effective January 1, 2025. Katz, who joined Huron in 2018, has been serving as corporate vice president, legal affairs, and corporate secretary since March 2024. In her new role, she will oversee the firm's global legal function and serve as a legal advisor to senior management and the board of directors.

Katz brings over 20 years of experience in global employment law, corporate governance, litigation, and compliance. Her previous roles include senior employment counsel at Accenture and associate general counsel at Hitachi Consulting. She holds a B.A. in Political Science from the University of Michigan and a J.D. from Cornell Law School.

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Huron (NASDAQ: HURN) announced a board leadership transition, with Hugh E. Sawyer appointed as independent, non-executive Chairman of the Board, effective January 1, 2025. Sawyer will succeed John McCartney, who has served as non-executive chairman since May 2010 and will continue as a board director. The transition aligns with McCartney's previously announced intention to step down before his term expires in May 2025.

Sawyer, a board member since February 2018, currently chairs the compensation committee and serves on the audit and finance committees. He brings over 40 years of experience in operational improvements and strategic transformations, having served as president or CEO of nine companies and on fourteen public or private boards. The transition is part of Huron's multi-year board refresh process to maintain diverse expertise and skills.

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Huron (NASDAQ: HURN) has acquired AXIA Consulting, enhancing its supply chain consulting capabilities and technology solutions. The acquisition strengthens Huron's supply chain offerings in industrials, manufacturing, retail, and healthcare sectors, while expanding its Oracle SCM and Microsoft capabilities. AXIA, bringing approximately 130 client-facing employees, specializes in supply chain process optimization, people transformation, and digital leadership across various industries. The majority of AXIA's revenue will be integrated into Huron's Commercial Segment.

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Huron (NASDAQ: HURN) board member Joy Brown has been named one of Savoy Magazine's 2024 Most Influential Corporate Directors. Brown, who joined Huron's Board in September 2022, chairs the Technology and Information Security Committee and serves on the Compensation and Finance and Capital Allocation Committees. She brings extensive technology expertise in helping organizations leverage data and innovation.

The recognition from Savoy Magazine, a leading publication focused on African American leadership, celebrates accomplished directors who drive growth and shape corporate governance in national and global corporations. CEO Mark Hussey praised Brown's leadership and technology expertise as invaluable to Huron.

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Huron (NASDAQ: HURN) announced that Kristen Colella, managing director at Innosight, has been named one of Consulting Magazine's Women Leaders in Consulting for 2024. Colella, who co-leads Innosight's consumer, media, and technology team, was recognized for her excellence in client service and innovation. With over 15 years of experience, she specializes in guiding clients through disruptive change, developing growth strategies, and transforming business models across consumer, healthcare, and retail sectors. Her expertise in the 'jobs to be done' framework and brand transformation has established her as a trusted advisor to senior executives.

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FAQ

What is the current stock price of Huron Consul (HURN)?

The current stock price of Huron Consul (HURN) is $152.46 as of February 28, 2025.

What is the market cap of Huron Consul (HURN)?

The market cap of Huron Consul (HURN) is approximately 2.2B.

What does Huron Consulting Group Inc. do?

Huron Consulting Group Inc. is a professional services firm that provides expertise in strategy, technology, operations, advisory services, and analytics.

Which markets does Huron Consulting Group Inc. serve?

Huron serves the Healthcare, Education, and Business Advisory markets, offering tailored consulting and technology solutions.

What is the primary revenue segment for Huron Consulting Group Inc.?

The Healthcare segment is the primary revenue generator for Huron Consulting Group Inc.

How does Huron Consulting Group Inc. help healthcare organizations?

Huron helps healthcare organizations by transforming and innovating their delivery models to focus on improving patient wellness and health outcomes.

What services does Huron provide to educational institutions?

Huron offers management consulting and technology solutions to educational institutions, aimed at improving operations and student outcomes.

Who are the clients of Huron's Business Advisory segment?

Huron's Business Advisory segment serves large and middle-market organizations, not-for-profit entities, and private equity firms.

How does Huron contribute to the transformation of organizations?

Huron partners with clients to develop strategies and implement solutions that drive growth, enhance performance, and sustain market leadership.

What recent achievements has Huron Consulting Group made?

Recent achievements include pioneering solutions for patient care and advancing technology integrations in the education sector.

Where is Huron Consulting Group Inc. listed?

Huron Consulting Group Inc. is listed on the NASDAQ under the ticker symbol HURN.

How can I stay updated with the latest news about Huron Consulting Group Inc.?

You can stay updated by following the latest news and developments on Huron Consulting Group Inc. through stock market websites and financial news platforms.
Huron Consul

Nasdaq:HURN

HURN Rankings

HURN Stock Data

2.22B
17.26M
2.32%
97.57%
0.67%
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