earnings
confidence high
sentiment negative
materiality 0.75
Harte Hanks Q4 revenue falls 4.8% to $47.1M; full-year net loss $30.3M on $37.5M pension charge
HARTE HANKS INC
- Q4 2024 revenue $47.1M (-4.8% YoY); net loss $2.4M ($0.33/sh) vs net loss $2.0M ($0.27/sh) in Q4 2023.
- FY2024 revenue $185.2M (-3.3%); net loss $30.3M ($4.15/sh) including $37.5M pension termination charges.
- Q4 EBITDA -$0.3M; adjusted EBITDA $3.5M vs $5.2M in Q4 2023. Full-year EBITDA $6.5M vs $7.6M.
- Cash $9.9M, zero debt; $3.2M goodwill/intangibles impairment from InsideOut write-down.
- Segment revenue declines: Customer Care -1.5%, Fulfillment -2.7%, Marketing Services -12.1%.