Houghton Mifflin Harcourt (HMHC) Misses Q4 EPS by 27c
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Houghton Mifflin Harcourt Reports Record Billings Growth in 2019; Sets Guidance for 2020
February 27, 2020 7:00 AM ESTBOSTON, Feb. 27, 2020 /PRNewswire/ -- Learning company Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today announced strong financial results for the year ended December 31, 2019.
2019 Highlights:
Net sales grew 5% Record Billings1 growth of 21% Core Solutions billings2 grew 44% Extensions billings2 grew 11%Net cash provided by operating activities of $255 million Strong free cash flow4 growth to $115... More