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Huron Consulting Group Inc. - HURN STOCK NEWS

Welcome to our dedicated page for Huron Consulting Group news (Ticker: HURN), a resource for investors and traders seeking the latest updates and insights on Huron Consulting Group stock.

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.

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Huron (NASDAQ: HURN) reported a strong financial performance for Q3 2022, with revenues rising by 27.4% to $285.4 million from $224.0 million in Q3 2021. Digital capabilities drove a notable 45.5% increase in revenues. Net income increased 29.2% to $17.7 million, while diluted EPS rose 34.4% to $0.86. For the first nine months, total revenues increased 24.6% to $818.7 million, with adjusted EBITDA growing 34.0%. Huron anticipates its 2022 revenue guidance at $1.09 billion to $1.11 billion.

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Global professional services firm Huron (NASDAQ: HURN) is set to announce its third-quarter financial results for the period ending September 30, 2022, after market closure on November 1, 2022. The announcement will be followed by a conference call at 5:00 p.m. Eastern Time, hosted by CEO James H. Roth, CFO John D. Kelly, and President C. Mark Hussey. The call will be accessible via Huron's website, with a replay available shortly after for 90 days.

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Huron (NASDAQ: HURN) has appointed Joy Brown to its board of directors. With extensive experience in technology and analytics, Brown previously held executive roles at Verizon Media and Capital One, where she focused on data transformation and enhancing customer engagement. Non-executive chairman John McCartney highlighted her potential to impact Huron's growth objectives significantly. This addition aims to diversify the board's expertise as part of Huron's multi-year refresh process, enhancing its ability to meet strategic and financial goals.

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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.

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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.

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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.

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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.

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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.

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FAQ

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

The current stock price of Huron Consulting Group (HURN) is $132.77 as of January 30, 2025.

What is the market cap of Huron Consulting Group (HURN)?

The market cap of Huron Consulting Group (HURN) is approximately 2.4B.

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 Consulting Group Inc.

Nasdaq:HURN

HURN Rankings

HURN Stock Data

2.36B
17.33M
2.32%
97.57%
0.67%
Consulting Services
Services-management Consulting Services
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United States of America
CHICAGO