Huron Consulting Group (HURN) Misses Q4 EPS by 1c
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Huron Announces Fourth Quarter and Full Year 2018 Financial Results, 2019 Guidance
February 26, 2019 4:05 PM ESTFOURTH QUARTER 2018 HIGHLIGHTS
Revenues increased $19.5 million, or 10.5%, to $205.5 million in Q4 2018 from $185.9 million in Q4 2017. Net income from continuing operations was $3.1 million in Q4 2018 compared to a net loss of $29.3 million in Q4 2017. Net loss for Q4 2017 included a non-cash pre-tax goodwill impairment charge of $45.0 million related to the company's Business Advisory segment. Adjusted EBITDA(7), a non-GAAP measure, was $27.9 million in Q4 2018 as compared to $31.5 million in Q4 2017. Diluted earnings per share from continuing operations was $0.14 in Q4 2018 compared to diluted loss per share from continuing... More