Form 8-K Houghton Mifflin Harcour For: Aug 14
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Houghton Mifflin Harcourt (HMHC) Misses Q2 EPS by 6c
August 14, 2014 7:24 AM EDTHoughton Mifflin Harcourt (Nasdaq: HMHC) reported Q2 EPS of $0.08, $0.06 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $402 million versus the consensus estimate of $378.31 million.
Second Quarter Business Highlights:
Education segment: HMH has captured 50% market share among the 90% of adoption school districts that have announced content provider selections. In particular, GO Math! and ScienceFusion sales were very strong in Texas, while increased penetration within California and Florida also contributed to overall increased sales. The Company had a... More