Business
Huron Announces First Quarter 2025 Financial Results and Reaffirms 2025 Guidance
FIRST QUARTER 2025 FINANCIAL HIGHLIGHTS Revenues before reimbursable expenses increased $39.7 million, or 11.2%, to a record $395.7 million in Q1 2025 from
About this update from Huron Consulting Group Inc.
[{"type":"text","content":"\nFIRST QUARTER 2025 FINANCIAL HIGHLIGHTS\n\n\nRevenues before reimbursable expenses increased $39.7 million, or 11.2%, to a record $395.7 million in Q1 2025 from $356.0 million in Q1 2024.\n\n\n\nNet income increased $6.5 million, or 36.3%, to $24.5 million in Q1 2025, compared to $18.0 million in Q1 2024.\n\n\n\nAdjusted EBITDA(6), a non-GAAP measure, increased $7.7 million, or 22.7%, to $41.5 million in Q1 2025 from $33.8 million in Q1 2024.\n\n\n\nDiluted earnings per share increased $0.38, or 40.0%, to $1.33 in Q1 2025, compared to $0.95 in Q1 2024.\n\n\n\nAdjusted diluted earnings per share(6), a non-GAAP measure, increased $0.45, or 36.6%, to $1.68 in Q1 2025 from $1.23 in Q1 2024.\n\n\n\nHuron returned $72.9 million to shareholders by repurchasing 0.5 million shares of the company's common stock in Q1 2025, representing 2.9% of the company's common stock outstanding as of December 31, 2024.\n\n\n\nHuron reaffirms its previous guidance for full year 2025, including revenues before reimbursable expenses expectations in a range of $1.58 billion to $1.66 billion.\n\n\nOTHER HIGHLIGHTS\n\n\nHuron has recently been Certified™ by Great Place To Work® in the United States, Canada, India, Singapore, and the United Kingdom.\n\n\n\nHuron posted its Investor Day Presentation on its investor relations website, which outlines the company's refreshed growth strategy and financial goals through 2029.\n\n\n CHICAGO--(BUSINESS WIRE)--\nGlobal professional services firm Huron (Nasdaq: HURN) today announced financial results for the quarter ended March 31, 2025.\n\n“Driven by strong growth across all three operating segments, revenues before reimbursable expenses (RBR) grew 11% over the first quarter of 2024, while we continued to expand our margins,” said Mark Hussey, chief executive officer and president of Huron.\n\n“We are encouraged by our performance in the first quarter in the face of a dynamic external environment, and today we reaffirm our annual RBR and margin guidance. Our strong client relationships, incredibly talented team, deep industry expertise, and breadth of capabilities, including performance improvement offerings, collectively position us well to serve our clients as they navigate an evolving regulatory landscape and continued market disruption,” added Hussey.\n\nFIRST QUARTER 2025 RESULTS\n\nRevenues before reimbursabl...