Huron Consulting Group Inc. · NASDAQ:HURN
Huron Consulting — FY2016 Earnings Presentation
17 slides from Huron Consulting's earnings presentation, Feb 17, 2017
Slide 1: Investor Presentation February 2017
Exhibit 99.2 INVESTOR PRESENTATION HURN | February 2017
Slide 2: Forward-Looking Statements
2 FORWARD-LOOKING STATEMENTS © 2017 HURON CONSULTING GROUP INC. AND AFFILIATES Statements in this presentation that are not historical in nature, including those concerning the company’s current expectations about its future requirements and needs, are “forward-looking” statements as defined in Sect
Slide 3: Agenda
AGENDA 3 © 2017 HURON CONSULTING GROUP INC. AND AFFILIATES 1 Preliminary Unaudited 2016 Results 2 Innosight Introduction 3 2017 Outlook
Slide 4: Preliminary Unaudited 2016 Results
PRELIMINARY UNAUDITED 2016 RESULTS 1
Slide 5: Financial Update: Preliminary Unaudited 2016 Results
5 FINANCIAL UPDATE PRELIMINARY UNAUDITED 2016 RESULTS(1) © 2017 HURON CONSULTING GROUP INC. AND AFFILIATES (1) The company’s results are preliminary and unaudited and may vary from preliminary estimates after the completion of customary year-end processes and reviews. (2) See accompanying appendix f
Slide 6: Innosight Introduction
INNOSIGHT INTRODUCTION 2
Slide 7: Introducing Innosight
3 global locations with offices in the U.S., Singapore and Switzerland Named one of Forbes’ America’s Best Management Consulting Firms 90+ employees who help clients transform for the future Ranked in the Vault Consulting 50 in 2017 7 INTRODUCING INNOSIGHT © 2017 HURON CONSULTING GROUP INC. AND AFFI
Slide 8: Helping Clients Achieve Repeatable and Sustainable Business Growth & Innovation
8 © 2017 HURON CONSULTING GROUP INC. AND AFFILIATES Create Growth Strategies Build Innovation Capabilities Accelerate New Growth Initiatives HELPING CLIENTS ACHIEVE REPEATABLE AND SUSTAINABLE BUSINESS GROWTH & INNOVATION A PURE-PLAY FOCUS ON THREE CORE CAPABILITIES
Slide 9: Strong Track Record of Diversified Growth
9 STRONG TRACK RECORD OF DIVERSIFIED GROWTH © 2017 HURON CONSULTING GROUP INC. AND AFFILIATES + 20% annualized revenue growth rate since 2013 + Profitable business model with EBITDA margins exceeding 20% since 2014 (1) 31% 25% 15% 12% 6% 5% 3% 3% Revenue by Industry(1) Life Sciences Manufacturing He
Slide 10: Strategic Rationale for Huron
10 Strengthens Huron’s ability to lead comprehensive transformation for our clients to help them stay competitive in disrupted and/or rapidly evolving industries Combines actionable growth and innovation strategies with deep industry and operational expertise to provide services from planning to exe
Slide 11: Transaction Summary
11 TRANSACTION SUMMARY © 2017 HURON CONSULTING GROUP INC. AND AFFILIATES (1) This non-GAAP adjusted diluted earnings per share estimate cannot be reconciled to GAAP diluted earnings per share because the impact of acquisition related adjustments on earnings, as required by GAAP, cannot be reasonably
Slide 12: 2017 Outlook
“i 2017 OUTLOOK
Slide 13: 2017 Outlook
13 2017 OUTLOOK © 2017 HURON CONSULTING GROUP INC. AND AFFILIATES (1) See accompanying appendix for reconciliations of adjusted EBITDA and adjusted diluted earnings per share, which are non-GAAP measures, to the most comparable GAAP measures. (2) Free cash flow, a non-GAAP measure, is defined as cas
Slide 14: Appendix
14 . APPENDIX
Slide 15: Non-GAAP Financial Measures
In evaluating the company’s financial performance and outlook, management uses earnings before interest, taxes, depreciation and amortization (“EBITDA”), adjusted EBITDA, adjusted EBITDA as a percentage of revenues, adjusted net income from continuing operations, adjusted diluted earnings per share
Slide 16: Reconciliation of Net Income to Adjusted EBITDA
16 RECONCILIATIONS OF NON-GAAP MEASURES RECONCILIATION OF NET INCOME FROM CONTINUING OPERATIONS TO ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) (IN MILLIONS) 2012 2013 2014 2015 2016 2017 Guidance Low High Revenues $ 441 $ 538 $ 628 $ 699 $ 726 $ 750 $ 790 Net inc
Slide 17: Reconciliation of Net Income to Adjusted Net Income
17 RECONCILIATIONS OF NON-GAAP MEASURES RECONCILIATION OF NET INCOME FROM CONTINUING OPERATIONS TO ADJUSTED NET INCOME FROM CONTINUING OPERATIONS (IN MILLIONS, EXCEPT EARNINGS PER SHARE) 2017 Guidance 2012 2013 2014 2015 2016 Low High Net income from continuing operations $ 17 $ 52 $ 47 $ 62 $ 40 $
Huron Consulting Group — FY2016 Earnings Presentation on 6ix