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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.
Huron (NASDAQ: HURN) has appointed Kristen Bruner as the new Chief Human Resources Officer and Corporate Vice President. Bruner, who has extensive experience in talent management and organizational development, previously held senior HR roles at Boeing and W.L. Gore & Associates. Her focus will be on advancing Huron's strategic people goals, enhancing diversity and inclusion, and fostering a collaborative workplace culture. Mark Hussey, Huron's president, expressed confidence in her ability to strengthen the company's inclusive culture and employee experience.
Huron reported strong financial results for Q2 2022, with revenues up 18.8% year-over-year to $273.3 million, and net income rising 8.4% to $13.9 million. Diluted EPS increased 11.9% to $0.66. Adjusted EBITDA grew 29.6% to $33.2 million, driven by a 47% growth in digital services across healthcare, education, and commercial sectors. For the first half of 2022, revenues reached $533.4 million, a 23.1% increase, alongside a revised revenue guidance of $1.04 billion to $1.08 billion for the full year. The company also repurchased 1.0 million shares for $52.2 million.
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.
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%.
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.
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