Huron Consulting Group (HURN) Tops Q1 EPS by 13c, Offers Guidance
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Huron Announces First Quarter 2022 Financial Results and Updates 2022 Guidance
May 3, 2022 4:05 PM EDTFIRST QUARTER 2022 HIGHLIGHTS AND GUIDANCE
Revenues increased $56.8 million, or 28.0%, to $260.0 million in Q1 2022 from $203.2 million in Q1 2021. Net income increased $21.4 million to $26.9 million in Q1 2022 from $5.4 million in Q1 2021. Results for Q1 2022 include an unrealized gain of $19.8 million, net of tax, on the company's investment in a hospital-at-home company. Adjusted EBITDA(7), a non-GAAP measure, increased $5.7 million, or 34.4%, to $22.1 million in Q1 2022 from $16.5 million in Q1 2021. Diluted earnings per share increased $1.03 to $1.27 in Q1 2022 from $0.24 in Q1... More