Huron Consulting Group (HURN) Tops Q3 EPS by 32c, Offers FY Guidance
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Huron Announces Third Quarter 2020 Financial Results and Updates 2020 Guidance
November 2, 2020 4:05 PM ESTTHIRD QUARTER 2020 HIGHLIGHTS
Revenues were $205.3 million in Q3 2020 compared to $219.3 million in Q3 2019. Net income from continuing operations was $11.1 million in Q3 2020 compared to $13.7 million in Q3 2019. Adjusted EBITDA(7), a non-GAAP measure, was $23.6 million in Q3 2020 compared to $28.8 million in Q3 2019. Diluted earnings per share from continuing operations was $0.50 in Q3 2020 compared to $0.61 in Q3 2019. Adjusted diluted earnings per share from continuing operations(7), a non-GAAP measure, was $0.59 in Q3 2020 compared to $0.79 in Q3 2019. Huron repaid $80.0 million of outstanding borrowings on the company's revolving credit facility during Q3 2020, reflecting strong cash flows during... More