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Sep 30, 2023
Huron Q3 2023 Earnings Report
Huron's Q3 2023 earnings were announced, featuring revenue growth and increased profitability.
Key Takeaways
Huron announced record third-quarter 2023 financial results, with revenues increasing by 25.5% to $358.2 million compared to Q3 2022. Net income also increased by 21.3% to $21.5 million, and the company increased its full-year 2023 revenue guidance to a range of $1.35 billion to $1.37 billion.
Total revenues increased by 25.5% to $358.2 million in Q3 2023.
Net income increased by 21.3% to $21.5 million in Q3 2023.
Adjusted EBITDA increased by 31.6% to $48.0 million in Q3 2023.
Diluted earnings per share increased by 27.9% to $1.10 in Q3 2023.
Revenue by Segment
Forward Guidance
Huron increased guidance for full year 2023 revenues before reimbursable expenses to a range of $1.35 billion to $1.37 billion. The company also anticipates adjusted EBITDA as a percentage of revenues in a range of 12.0% to 12.5% and non-GAAP adjusted diluted earnings per share in a range of $4.70 to $4.90.
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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