Huron Consulting Group (HURN) Misses Q1 EPS, Revenues Beat; Affirms Outlook

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Huron Announces First Quarter 2018 Financial Results and Affirms 2018 Guidance

May 1, 2018 4:05 PM EDT

FIRST QUARTER 2018 HIGHLIGHTS

Revenues increased $4.8 million, or 2.6%, to $193.7 million in Q1 2018 compared to $188.8 million in Q1 2017. Net loss from continuing operations was $3.2 million in Q1 2018 compared to net income from continuing operations of $5.2 million in Q1 2017. Adjusted EBITDA(5), a non-GAAP measure, was $13.7 million in Q1 2018 compared to $27.1 million in Q1 2017. Diluted loss per share from continuing operations was $0.15 in Q1 2018 compared to diluted earnings per share from continuing operations of $0.24 in Q1 2017. Adjusted diluted earnings per share from continuing operations(5),... More