Huron Consulting Group (HURN) Tops Q4 EPS by 2c, Offers Guidance
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Huron Announces Fourth Quarter and Full Year 2021 Financial Results, and Provides 2022 Guidance
February 24, 2022 4:05 PM ESTFOURTH QUARTER 2021 HIGHLIGHTS
Revenues increased $49.9 million, or 25.2%, to $248.3 million in Q4 2021 from $198.3 million in Q4 2020. Net income from continuing operations increased to $31.1 million in Q4 2021 compared to a net loss from continuing operations of $6.1 million in Q4 2020. Results for Q4 2021 include a $23.7 million gain, net of tax from the sale of the company's Life Sciences business in the fourth quarter of 2021. Results for Q4 2020 include $13.9 million of restructuring charges, net of tax related to the fourth quarter 2020 restructuring plan. Adjusted EBITDA(8), a non-GAAP measure, increased $12.2 million, or 71.7%, to $29.3 million in Q4 2021 from... More