Huron Consulting Group (HURN) Misses Q2 EPS by 18c, Guidance Misses
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Huron Announces Second Quarter 2017 Financial Results and Updates 2017 Guidance
July 27, 2017 4:05 PM EDTSecond Quarter 2017 Highlights
Revenues were $181.4 million in Q2 2017 compared to $184.3 million in Q2 2016. Net loss from continuing operations, which includes a non-cash pretax goodwill impairment charge of $209.6 million related to the company's Healthcare segment, was $150.5 million in Q2 2017 compared to net income from continuing operations of $16.1 million in Q2 2016. Adjusted EBITDA(6), a non-GAAP measure, was $24.5 million in Q2 2017 compared to $41.6 million in Q2 2016. Diluted loss per share from continuing operations was $7.00 in Q2 2017 compared to diluted earnings per share from continuing operations of $0.76 in Q2 2016.... More