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Jun 30, 2024
Huron Q2 2024 Earnings Report
Huron achieved record revenues and expanded margins, driven by growth in Healthcare and Education segments. The company raised its full year 2024 earnings guidance.
Key Takeaways
Huron announced record second quarter financial results with a 7.2% increase in total revenues to $371.7 million and a 51.7% increase in net income to $37.5 million. The company raised its full year 2024 earnings guidance, reflecting strong first-half performance.
Total revenues increased by 7.2% to a record $371.7 million.
Net income increased by 51.7% to $37.5 million, including an $11.1 million litigation settlement gain.
Diluted earnings per share increased by 59.8% to $2.03, which includes a $0.60 positive impact from a litigation settlement.
Net cash provided by operating activities was a record $107.2 million.
Revenue by Segment
Forward Guidance
Huron is narrowing revenue guidance for full year 2024 to a range of $1.46 billion to $1.50 billion and increasing its guidance for adjusted diluted earnings per share to a range of $5.85 to $6.15.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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