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Market Overview

Houghton Mifflin Harcourt: Q1 Earnings Insights

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Shares of Houghton Mifflin Harcourt (NASDAQ:HMHC) were unchanged after the company reported Q1 results.

Quarterly Results

Earnings per share increased 41.79% year over year to ($0.39), which beat the estimate of ($0.51).

Revenue of $146,195,000 declined by 23.02% year over year, which beat the estimate of $121,000,000.

Looking Ahead

Houghton Mifflin Harcourt hasn't issued any earnings guidance for the time being.

Houghton Mifflin Harcourt hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 06, 2021

Time: 09:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/fpqj4zrf

Recent Stock Performance

52-week high: $9.59

Company's 52-week low was at $1.03

Price action over last quarter: Up 49.18%

Company Profile

Houghton Mifflin Harcourt Co is a learning company committed to delivering integrated solutions that engage learners, empower educators and improve student outcomes. The company operates in two segments, Education and HMH Books & Media. The Education segment provides educational products, technology platforms, and services, including print and digital content in the form of textbooks, digital courseware, instructional aids, educational assessment and intervention solutions for students. The HMH Books & Media segment develops, markets and sells consumer books in print and digital formats as well as licenses book rights & electronic businesses. This segment distributes products through retail stores comprising physical and online & wholesalers.

 

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Posted-In: BZI-RecapsEarnings News

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