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Dec 31, 2023
Huron Q4 2023 Earnings Report
Huron's Q4 2023 financial results were announced, showing revenue growth and increased adjusted EBITDA, but net income and diluted earnings per share were negatively impacted by a non-cash unrealized loss.
Key Takeaways
Huron announced its Q4 2023 financial results, with total revenues increasing by 8.1% to $339.2 million. However, net income decreased to $2.8 million, and diluted earnings per share decreased to $0.15, due to a non-cash unrealized loss. Adjusted EBITDA increased by 5.9% to $41.4 million, and adjusted diluted earnings per share increased by 15.2% to $1.29.
Total revenues increased by 8.1% to $339.2 million compared to Q4 2022.
Net income was $2.8 million, impacted by a non-cash unrealized loss.
Adjusted EBITDA increased by 5.9% to $41.4 million.
Adjusted diluted earnings per share increased by 15.2% to $1.29.
Revenue by Segment
Forward Guidance
Huron provided full year 2024 revenue guidance in a range of $1.46 billion to $1.54 billion. The company also anticipates adjusted EBITDA as a percentage of revenues in a range of 12.8% to 13.3% and non-GAAP adjusted diluted earnings per share in a range of $5.35 to $5.95.
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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