secwatch.observer — SEC 8-K summary
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Issuer:     HARTE HANKS INC (HHS)
CIK:        0000045919
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0000045919-24-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harte Hanks Q1 revenue down 3.5% to $45.4M; net loss narrows to $0.2M
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- Revenue $45.4M (down 3.5% YoY); net loss $0.2M ($0.02/sh) vs loss $0.8M a year ago.
- Operating income $0.4M vs $1.1M; adjusted EBITDA $2.8M flat YoY.
- Customer Care revenue +7% to $12.4M; Sales Services +67% to $4.7M; Fulfillment & Logistics -9.5% to $19.4M; Marketing Services -20.6% to $8.9M.
- Cash $11.5M, no debt; $24M credit line; $0.9M restructuring charge from Project Elevate.
- New senior leadership team; Chief Customer Officer to be added; pipeline growing in SMB sector.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/45919/000004591924000024/0000045919-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/45919/000004591924000024/hhs-20240510.htm
  HTML page:      https://secwatch.observer/filing/0000045919-24-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer