Houghton Mifflin Harcourt Announces Full Year 2016 Results
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Houghton Mifflin Harcourt (HMHC) Poss Q4 Loss of $1.48/Share
February 23, 2017 7:15 AM ESTHoughton Mifflin Harcourt (NASDAQ: HMHC) reported Q4 EPS of ($1.48), $0.70 worse than the analyst estimate of ($0.78). Revenue for the quarter came in at $242 million versus the consensus estimate of $227.29 million.
"While we met our revised financial guidance and performed well in several key adoptions in 2016, we also faced challenges, including a smaller-than-expected adoption market and share, which put pressure on our overall... More
