Harte Hanks Q2 operating income surges 179.5% to $4.0M; EPS $0.52

HARTE HANKS INC

2022-Q2 EPS reported $0.91 revenue$97,615,000

Revenue $48.6M, down 1.4% YoY; Fulfillment & Logistics grew 24.3%, offsetting pandemic-related project declines.
Diluted EPS $0.52 vs $1.27 prior (prior included $10.0M PPP loan gain); operating income $4.0M vs $1.4M.
EBITDA improved to $4.6M from $2.1M in Q2 2021.
Customer Care revenue fell 19.8% to $15.4M; EBITDA decreased 25.6% to $2.5M.
Agreed to repurchase all outstanding Preferred Stock to eliminate dilutive impact on common shareholders.

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