Huron Consulting Group Inc. - HURN STOCK NEWS

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.

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.

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.

Huron (NASDAQ: HURN) reported strong Q3 2024 financial results with revenues increasing 3.3% to $370.0 million. Net income rose 26.2% to $27.1 million, while diluted earnings per share grew 33.6% to $1.47. Year-to-date revenues increased 7.3% to $1.10 billion, with net income up 38.5% to $82.6 million.

The company's Healthcare and Education segments showed continued growth, while the Commercial segment achieved strong sequential growth. Huron returned $104.0 million to shareholders through share repurchases in the first nine months of 2024. The company narrowed its 2024 revenue guidance to $1.47-1.49 billion and increased adjusted EPS guidance to $6.00-6.20.

Huron (NASDAQ: HURN), a global professional services firm, has announced it will release its third quarter 2024 financial results on Tuesday, October 29, 2024, after the market closes. The company will host a conference call and webcast to discuss the results on the same day at 5:00 p.m. Eastern Time (4:00 p.m. Central Time).

The conference call will be led by C. Mark Hussey, chief executive officer and president, and John D. Kelly, chief financial officer. Investors and interested parties can access the webcast through Huron's investor relations website. A replay of the webcast will be available approximately two hours after the call concludes and will remain accessible for 90 days.

Huron (NASDAQ: HURN), a global professional services firm, has been named a '2024 Best Firm to Work For' by Consulting magazine for the fourteenth consecutive year. This recognition highlights Huron's commitment to fostering a culture of belonging and innovation where employees are empowered to grow and make a significant impact for clients.

The award is based on employee satisfaction in categories such as culture, career development, client engagement, compensation and benefits, and firm leadership. CEO Mark Hussey attributes the company's success to its collaborative culture and talented team. Huron's focus on belonging, career development, and mentorship opportunities has solidified its position as an employer of choice in the consulting industry.

Huron (NASDAQ: HURN), a global professional services firm, has announced its participation in the Sidoti Small-Cap Virtual Investor Conference on September 18-19, 2024. John Kelly, the company's executive vice president and chief financial officer, will present to investors and financial analysts on Wednesday, September 18, 2024, at 12:15 p.m. Eastern Time (11:15 a.m. Central Time).

A live webcast of the presentation will be available, and a replay can be accessed on Huron's website. Investors interested in one-on-one meetings with the company can make requests directly to Huron at investor@hcg.com.

Huron (NASDAQ: HURN) reported record second quarter 2024 financial results and raised its 2024 earnings guidance. Key highlights include:

- Total revenues increased 7.2% to a record $371.7 million in Q2 2024
- Net income rose 51.7% to $37.5 million, including an $11.1 million litigation settlement gain
- Adjusted EBITDA grew 14.9% to $55.7 million
- Diluted EPS increased 59.8% to $2.03
- Adjusted diluted EPS rose 21.7% to $1.68

The company updated its full-year 2024 guidance, increasing adjusted diluted EPS expectations to $5.85-$6.15. Huron also returned $34.4 million to shareholders through share repurchases in Q2 2024.

Huron (NASDAQ: HURN), a global professional services firm, has announced it will release its second quarter 2024 financial results after market close on Tuesday, July 30, 2024. The company will host a conference call and webcast at 5:00 p.m. Eastern Time (4:00 p.m. Central Time) on the same day to discuss the results. C. Mark Hussey, CEO and president, and John D. Kelly, CFO, will lead the call. Investors and interested parties can access the webcast through Huron's investor relations website. A replay of the webcast will be available for 90 days following the event.