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Sep 30, 2022
Huron Q3 2022 Earnings Report
Huron's Q3 2022 financial results were announced, showcasing revenue growth and increased profitability.
Key Takeaways
Huron reported a strong third quarter with a 27.4% increase in revenues, driven by growth in the Digital capability and the Education and Healthcare segments. Net income and adjusted EBITDA also saw significant increases, reflecting favorable market conditions and strong demand.
Revenues increased by 27.4% to $285.4 million compared to Q3 2021.
Digital capability revenues grew by 45.5% compared to Q3 2021.
Net income increased by 29.2% to $17.7 million compared to Q3 2021.
Adjusted EBITDA increased by 38.1% to $36.5 million compared to Q3 2021.
Revenue by Segment
Forward Guidance
Huron increased and narrowed its full year 2022 revenue guidance to a range of $1.09 billion to $1.11 billion. The company anticipates adjusted EBITDA as a percentage of revenues in a range of 11.5% to 12.0% and non-GAAP adjusted diluted earnings per share in a range of $3.25 to $3.35.
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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