Harte Hanks Third Quarter 2024 Earnings: EPS Misses Expectations

Harte Hanks (NASDAQ:HHS) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$47.6m (up 1.1% from 3Q 2023).
• Net income: US$142.0k (down 77% from 3Q 2023).
• Profit margin: 0.3% (down from 1.3% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.019 (down from US$0.085 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Harte Hanks EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 80%.

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Media industry in the US.

Performance of the American Media industry.

The company's shares are down 8.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Harte Hanks that you need to be mindful of.

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