Houghton Mifflin Harcourt (HMHC) Misses Q3 EPS by 13c

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Houghton Mifflin Harcourt Announces Third Quarter 2015 Results

November 5, 2015 7:07 AM EST

Increases share repurchase program to $1 billion; updates guidance

Captures 45% of new adoption market and approximately 40% of overall domestic education market

BOSTON--(BUSINESS WIRE)-- Global learning company Houghton Mifflin Harcourt (HMH or the Company) (NASDAQ: HMHC) today announced its financial results for the third quarter ended September 30, 2015.

Third Quarter 2015 Highlights:

HMH captured approximately 40% market share in its addressable domestic education market for K-12 instructional materials, including 45% of the new adoption market for the first nine months of the year.... More