secwatch.observer — SEC 8-K summary
======================================

Issuer:     HARTE HANKS INC (HHS)
CIK:        0000045919
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001437749-23-031272
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/45919/000143774923031272/0001437749-23-031272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/45919/000143774923031272/hhs20231109_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-031272

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer