Overview
Harte Hanks Q3 revenue fell due to timing and program transitions
Net loss of $2.3 mln in Q3 vs net income of $0.1 mln last year
Operating expenses down 14.7% yr/yr due to cost improvements
Outlook
Harte Hanks expects positive EBITDA for full-year 2025
Company anticipates Q4 results to reflect new client opportunities
Result Drivers
NEW PARTNERSHIP - Harte Hanks highlights new partnership with Samsung as a key driver for pipeline replenishment and future growth
COST IMPROVEMENTS - Operating expenses decreased 14.7% yr/yr due to strategic realignment efforts to offset revenue decline
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$39.52 mln
Q3 Net Income
-$2.29 mln
Q3 Adjusted EBITDA
$2.42 mln
Q3 EBIT
$509,000
Q3 Operating Expenses
$39.01 mln
Q3 Pretax Profit
$319,000
Press Release: ID:nACSW3Jzta
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)