---
schema_version: "secwatch.filing_event.v1"
accession: "0001289848-23-000084"
form_type: "8-K"
ticker: "HURN"
cik: "0001289848"
company_name: "Huron Consulting Group Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:50:13.826439+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Huron Q2 revenue up 27% to $346.8M, net income +78%, raises FY guidance

## Summary
- Record Q2 revenues $346.8M (+26.9% YoY); net income $24.7M (+78.1%).
- Diluted EPS $1.27 (up 92.4%); adjusted diluted EPS $1.38 (up 66.3%).
- Adjusted EBITDA $48.5M (+46%); YTD margin improved 130 bps to 11.7%.
- Digital capability revenues +23.5% to $290.2M in first six months.
- FY 2023 revenue guidance raised to $1.30-1.34B; returned $59.6M via buybacks YTD.

## SEC filing metadata
- accession: 0001289848-23-000084
- form_type: 8-K
- ticker: HURN
- cik: 0001289848
- company_name: Huron Consulting Group Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289848/000128984823000084/0001289848-23-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289848/000128984823000084/hurn-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001289848-23-000084
- JSON: https://secwatch.observer/filing/0001289848-23-000084.json
- Plain text: https://secwatch.observer/filing/0001289848-23-000084.txt

## Key facts
- Earnings Releases
  Huron Consulting Group Inc. reported Six months ended June 30, 2023 results: revenue $664.7 million, net income $38.1 million, EPS $1.95.
  - Period: Six months ended June 30, 2023
  - Revenue: $664.7 million
  - Net income: $38.1 million
  - EPS: $1.95
  - Result: reported results
  source text: • Total revenues increased $131.3 million, or 24.6%, to $664.7 million for the first six months of 2023 from $533.4 million for the same prior year period. • Revenues within the Digital capability increased 23.5% to $290.2 million for the first six months of 2023, compared to $234.9 million for the same prior year period. • Net income was $38.1 million for the first six months of 2023, compared to $40.7 million for the same prior year period. Results for the first six months of 2022 included a non-recurring, unrealized gain of $19.8 million, net of tax, related to the company's investment in a hospital-at-home company. • Adjusted EBITDA (6) , a non-GAAP measure, increased $22.7 million, or 40.9%, to $78.0 million for the first six months of 2023 from $55.3 million for the same prior year period. • Adjusted EBITDA as a percentage of revenues (6) , a non-GAAP measure, increased 130 basis points to 11.7% for the first six months of 2023 from 10.4% for the same prior year period. • Diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289848/000128984823000084/0001289848-23-000084-index.htm
- Earnings Releases
  Huron Consulting Group Inc. reported Three months ended June 30, 2023 results: revenue $346.8 million, net income $24.7 million, EPS $1.27.
  - Period: Three months ended June 30, 2023
  - Revenue: $346.8 million
  - Net income: $24.7 million
  - EPS: $1.27
  - Result: reported results
  source text: Revenues increased $73.4 million, or 26.9%, to $346.8 million for the second quarter of 2023, compared to $273.3 million for the second quarter of 2022. This revenue growth was highlighted by 33.4% growth in the Consulting and Managed Services capability and 19.2% growth in the Digital capability in the aggregate across all industries during the second quarter of 2023, compared to the same prior year period; and reflects the company's focus on accelerating growth in the healthcare and education industries and growing its presence in commercial industries. Net income increased $10.8 million, or 78.1%, to $24.7 million for the second quarter of 2023, compared to $13.9 million for the same quarter last year. Diluted earnings per share increased $0.61, or 92.4%, to $1.27 for the second quarter of 2023, compared to $0.66 for the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289848/000128984823000084/0001289848-23-000084-index.htm
- Earnings Releases
  Huron Consulting Group Inc. reported Full year 2023 results: revenue $1.30 billion to $1.34 billion. Guidance raised.
  - Period: Full year 2023
  - Revenue: $1.30 billion to $1.34 billion
  - Guidance: raised
  - Result: guidance update
  source text: 2023 GUIDANCE • Huron increases its previous full year 2023 revenue and earnings guidance ranges, including revenue expectations in a range of $1.30 billion to $1.34 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289848/000128984823000084/0001289848-23-000084-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.