Huron Consulting Group (HURN) Tops Q3 EPS by 22c; Offers FY23 Revenue Guidance
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Huron Announces Record Third Quarter 2023 Financial Results and Increases 2023 Guidance
November 2, 2023 4:05 PM EDTTHIRD QUARTER 2023 FINANCIAL HIGHLIGHTS
Total revenues increased $72.8 million, or 25.5%, to $358.2 million in Q3 2023 from $285.4 million in Q3 2022. Net income increased $3.8 million, or 21.3%, to $21.5 million in Q3 2023 from $17.7 million in Q3 2022. Adjusted EBITDA(6), a non-GAAP measure, increased $11.5 million, or 31.6%, to $48.0 million in Q3 2023 from $36.5 million in Q3 2022. Diluted earnings per share increased $0.24, or 27.9%, to $1.10 in Q3 2023 from $0.86 in Q3 2022. Adjusted diluted earnings per share(6), a non-GAAP measure, increased $0.38, or 37.6%, to $1.39 in Q3 2023 from $1.01 in Q3 2022. Net cash... More