Huron Consulting Group Inc. (HURN) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Huron Consulting Group's webcast to discuss the financial results for the second quarter 2025. At this time, all conference call lines are on a listen only mode. Later, we will conduct a question and answer session for conference call participants and instructions will follow at that time. As a reminder, this conference call is being recorded. Before we begin, I would like to point all of you to the disclosure at the end of the company's news release for information about forward looking statements that may be made or discussed on this call. The news release is posted on Huron's website. Please review that information along with the filings with the SEC for a disclosure of factors that may impact subjects discussed in this afternoon's webcast. The company will be discussing one or more non-GAAP financial measures. Please look at the earnings release on Huron's website for all of the disclosures required by the SEC, including reconciliation to the most comparable GAAP numbers. And now I'd like to turn the call over to Mark Hussey, Chief Executive Officer and President of Huron Consulting Group. Mr. Hussey, please proceed. Good afternoon and welcome to Huron Consulting Group's second quarter 2025 earnings call. With me today are John Kelly, our Chief Financial Officer and Ronnie Dale, our Chief Operating Officer. Revenues before reimbursable expenses or RBR in the quarter grew 8% over the second quarter of 2024, including organic RBR growth across all three operating segments. RBR in the second quarter of 2025 was a record high for our business. Growth in our core markets continues to reflect strong demand for our services, health systems, universities and commercial businesses adapt to regulatory and macroeconomic pressures while evolving...