HMH Holding Inc. (HMH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone. Thank you for joining us and welcome to HMH Holding Second Quarter 2026 Earnings Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to David Bratton, Senior Vice President, Finance. Please go ahead. Good morning, everyone, and thank you for joining us for HMH's second quarter results. Joining me today are Eirik Bergsvik, our Chief Executive Officer, and Tom McGee, our Chief Financial Officer. Before we begin, we would like to remind you that this conference call may include forward-looking statements. These statements, which are subject to various risks, uncertainties, and assumptions, could cause our actual results to differ materially from these statements. These risks, uncertainties, and assumptions are detailed in this morning's press release, as well as our filings with the SEC, which can be found at our website at investor.hmhw.com. We undertake no obligation to revise or update any forward-looking statements or information excessively required by law. Management statements may include non-GAAP financial measures. For reconciliations of these measures, please refer to our earnings release in our SEC filings. Following our prepared remarks, We will open the call for your questions. I'll now turn the call over to Eirik. Thank you, David, and good morning, everyone. Overall, our second quarter results reflect the continued resilience and quality of our business model. Orders for the quarter were at $205 million, representing a book-to-bill ratio of 1.2 times in the quarter. Total revenue for the quarter was $171 million, and adjusted EBITDA was $34 million. Imp...