Huron Consulting Group Inc
NASDAQ:HURN
Huron Consulting Group Inc
In the world of business consulting, where expertise often dictates success, Huron Consulting Group Inc. stands as a notable ally for organizations navigating the complexities of change and transformation. Founded in 2002, Huron has carved out a niche by providing solutions that address critical performance and growth challenges. The company operates primarily in the healthcare, higher education, and life sciences industries, harnessing a mix of strategic advisory services and technology-enabled solutions. It prides itself on guiding clients through significant transitions, offering insights and expertise that culminate in enhanced operational efficiencies and financial performance. Huron's ability to amalgamate deep industry knowledge with innovative thinking positions it as a valuable partner for institutions aiming to adapt and thrive in a rapidly evolving market landscape.
Huron generates revenue by offering tailored consulting services that address the unique challenges faced by its clients. The company prides itself on its strategic frameworks that are not only structurally sound but also flexible enough to accommodate the individual needs of diverse industries. By deploying specialized teams to manage transformation projects, Huron ensures its clients reap the benefits of a more agile and robust operational framework. Whether it's optimizing revenue cycles for healthcare institutions or enhancing student engagement in universities, Huron's approach is deeply entrenched in delivering impactful, measurable outcomes. This client-centric model enables Huron not only to maintain strong, long-term relationships but also to drive repeat business and sustain its growth trajectory in the competitive consulting arena.
In the world of business consulting, where expertise often dictates success, Huron Consulting Group Inc. stands as a notable ally for organizations navigating the complexities of change and transformation. Founded in 2002, Huron has carved out a niche by providing solutions that address critical performance and growth challenges. The company operates primarily in the healthcare, higher education, and life sciences industries, harnessing a mix of strategic advisory services and technology-enabled solutions. It prides itself on guiding clients through significant transitions, offering insights and expertise that culminate in enhanced operational efficiencies and financial performance. Huron's ability to amalgamate deep industry knowledge with innovative thinking positions it as a valuable partner for institutions aiming to adapt and thrive in a rapidly evolving market landscape.
Huron generates revenue by offering tailored consulting services that address the unique challenges faced by its clients. The company prides itself on its strategic frameworks that are not only structurally sound but also flexible enough to accommodate the individual needs of diverse industries. By deploying specialized teams to manage transformation projects, Huron ensures its clients reap the benefits of a more agile and robust operational framework. Whether it's optimizing revenue cycles for healthcare institutions or enhancing student engagement in universities, Huron's approach is deeply entrenched in delivering impactful, measurable outcomes. This client-centric model enables Huron not only to maintain strong, long-term relationships but also to drive repeat business and sustain its growth trajectory in the competitive consulting arena.
Record Revenues: Huron delivered record third quarter revenue before reimbursable expenses (RBR) of $432.4 million, up 16.8% year-over-year, driven by growth across all segments.
Healthcare Outperformance: Healthcare segment RBR grew nearly 20% year-over-year, fueled by robust demand for performance improvement and managed services.
Margin Expansion: Adjusted EBITDA margin rose to 15.6% of RBR from 14.8% a year ago, with notable operating margin gains in Healthcare and Education.
Guidance Raised: Full-year EPS guidance increased to a range of $7.50–$7.70, and RBR guidance narrowed to $1.65–$1.67 billion.
Commercial Segment Inflection: Commercial segment RBR grew 26.6% year-over-year, with management noting improved sales conversion and early signs of demand recovery in strategy and financial advisory.
Continued Hiring: Headcount is being expanded aggressively, especially in Healthcare and Managed Services, to meet strong demand and pipeline.
Strong Cash Flow: Free cash flow for the quarter was $85.3 million, with full-year guidance of $165–$185 million.
