Harte Hanks Q3 revenue $47.1M (-12.6% YoY); net income $0.6M; announces Elevate transformation

HARTE HANKS INC

2023-Q3 EPS reported $0.05 revenue$142,001,000

Q3 revenue $47.1M, down 12.6% YoY; operating income $2.9M vs $3.8M.
Net income $0.6M ($0.09 basic) vs $7.2M ($0.87) prior year, incl. $2.5M IP sale gain.
EBITDA $3.9M; Adjusted EBITDA $4.2M, down from $5.4M.
Segment revenue falls: Customer Care -19.4%, Fulfillment -4.1%, Marketing -18.6%.
Launched 'Elevate' transformation with Kearney; cash $13.3M, no debt; repurchased $490k shares.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HARTE HANKS INC reported the third quarter ended September 30, 2023 results: revenue $47.1 million, net income $0.6 million, or $0.09 per basic and $0.08 per diluted share.

Period: the third quarter ended September 30, 2023
Revenue: $47.1 million
Net income: $0.6 million, or $0.09 per basic and $0.08 per diluted share
Result: reported results

Exact text from the filing

our sales and marketing divisions, accelerate our pipeline development and drive improved performance.” Third Quarter Financial Highlights ● Total revenues for Q3 2023 were $47.1 million, down 12.6% year over year compared to $53.9 million in Q3 2022. Included in 2023 was $2.2 million from InsideOut acquired in fourth quarter of 2022. Total Q3 revenues were

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HARTE HANKS INC reported the nine-month periods ended September 30, 2023 results: revenue $142.0 million, net income $407 thousand, or $0.06 per basic and $0.05 per diluted share.

Period: the nine-month periods ended September 30, 2023
Revenue: $142.0 million
Net income: $407 thousand, or $0.06 per basic and $0.05 per diluted share
Result: reported results

Exact text from the filing

stock-based compensation, as well as $2.5 million in other income related to the sale of unused IP addresses. Consolidated Year-to-Date 2023 Results Year-to-date revenues were $142.0 million, down 6.3% from $151.5 million in the same period of 2022. Year-to-date operating income was $5.6 million, compared to operating income of $11.7 million. Net income for the first

View on SEC.gov

Browse all earnings releases →

HARTE HANKS INC filing history →

Source: SEC EDGAR

accession 0001437749-23-031272

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.