Huron Consulting Group ( (HURN) ) has released its Q4 earnings. Here is a breakdown of the information Huron Consulting Group presented to its investors.
Huron Consulting Group is a global professional services firm that specializes in creating strategies, optimizing operations, and accelerating digital transformation across various industries, with a strong presence in healthcare and education. In its latest earnings report, Huron announced record financial results for the fourth quarter and full year 2024, highlighting significant revenue growth and increased profitability. Key financial metrics include a 14.5% increase in quarterly revenues to $388.4 million and a substantial rise in net income to $34.0 million, up from $2.8 million in the previous year. The company also reported a 37.3% increase in adjusted EBITDA for the quarter, reaching $56.8 million. For the full year 2024, Huron achieved record revenues of $1.49 billion and net income of $116.6 million, with a notable litigation settlement gain contributing to the results. Looking ahead, Huron’s management is optimistic about continued growth opportunities in its primary markets, with 2025 revenue guidance set between $1.58 billion and $1.66 billion, reflecting confidence in their strategic direction.