Harte Hanks FY2022 revenue up 6% to $206.3M; operating income +98%; guidance for continued growth

HARTE HANKS INC

Revenue $206.3M (+6% YoY); operating income $15.1M (+98%); EBITDA $17.8M (+75%).
Q4 revenue $54.8M (+5.4%); diluted EPS $2.70 vs $0.20 (includes $2.62 tax benefit).
Redeemed all Series A preferred shares for $9.9M cash + 100K shares; pension liability reduced by ~$15M to $37.8M.
Expects continued revenue and EBITDA growth in 2023; Q1 modest revenue growth but lower EBITDA due to tough comp.
Fulfillment & Logistics Q4 revenue +34.4%; Customer Care -12.9% due to pandemic project wrap-up.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HARTE HANKS INC updated its the fourth quarter and full-year period ended December 31, 2022 guidance (reaffirmed).

Period: the fourth quarter and full-year period ended December 31, 2022
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On March 7th, 2023, Harte Hanks issued a press release announcing its financial results for the fourth quarter and full-year period ended December 31, 2022.

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Source: SEC EDGAR

accession 0001437749-23-005738

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