other material
confidence high
sentiment neutral
materiality 0.50
Huron restructures segments; restates historical data under Healthcare, Education, Commercial
Huron Consulting Group Inc.
- Effective Jan 1, 2022, Huron replaced its previous segment structure with three new segments: Healthcare, Education, Commercial.
- The company also began reporting revenue across two capabilities: Consulting and Managed Services and Digital.
- Historical segment data from 2017-2021 and quarterly 2021 have been restated to reflect the new structure.
- In 2021, total revenues were $905.6M; Healthcare segment operating margin 30.7%, Education 23.0%, Commercial 14.7%.
- The restatement affects segment reporting only; previously reported consolidated results are unchanged.