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Houghton Mifflin Harcourt Co (HMHC.OQ)

HMHC.OQ on NASDAQ Stock Exchange Global Select Market

7.75USD
21 Sep 2018
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$0.20 (+2.65%)
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Latest Key Developments (Source: Significant Developments)

HMHC To Divest Riverside Clinical And Standardized Testing Portfolio To Alpine Investors
Wednesday, 12 Sep 2018 04:01pm EDT 

Sept 12 (Reuters) - Houghton Mifflin Harcourt Co ::HOUGHTON MIFFLIN HARCOURT ENTERS INTO DEFINITIVE AGREEMENT TO DIVEST RIVERSIDE CLINICAL AND STANDARDIZED TESTING PORTFOLIO TO ALPINE INVESTORS.HOUGHTON MIFFLIN HARCOURT CO - TO DIVEST RIVERSIDE CLINICAL AND STANDARDIZED TESTING PORTFOLIO TO ALPINE INVESTORS FOR A PURCHASE PRICE OF $140 MILLION.HOUGHTON MIFFLIN HARCOURT - EXPECTS TOTAL NET CASH PROCEEDS OF ABOUT $135 MILLION WHICH IT PLANS TO INVEST IN EXTENSIONS BUSINESSES, OTHERS.HOUGHTON MIFFLIN HARCOURT - HMH'S YEAR-TO-DATE RESULTS & FY GUIDANCE TO BE ADJUSTED TO REFLECT SALE BY Q3 EARNINGS CALL.  Full Article

Alpine Investors Has Entered Into An Agreement To Acquire HMHC's Riverside Clinical
Wednesday, 12 Sep 2018 04:01pm EDT 

Sept 12 (Reuters) - Houghton Mifflin Harcourt Co ::ALPINE INVESTORS HAS ENTERED INTO AN AGREEMENT TO ACQUIRE THE RIVERSIDE CLINICAL AND STANDARDIZED TESTING PORTFOLIO OF HOUGHTON MIFFLIN HARCOURT (NASDAQ: HMHC) (HMH).ALPINE INVESTORS- HAS NAMED RAJIB ROY AS CEO OF RIVERSIDE.  Full Article

Houghton Mifflin Harcourt Q4 Sales $261 Mln
Thursday, 22 Feb 2018 07:21am EST 

Feb 22 (Reuters) - Houghton Mifflin Harcourt Co ::Q4 SALES $261 MILLION VERSUS $242 MILLION.SEES FY 2018 SALES $1.35 BILLION TO $1.43 BILLION.‍CONTENT DEVELOPMENT SPEND FOR 2018 IS EXPECTED TO BE IN RANGE OF $125 TO $150 MILLION​.SEES ‍2018 TOTAL CAPITAL EXPENDITURES INCLUDING NON-PLATE CAPITAL EXPENDITURES IN RANGE OF $185 TO $210 MILLION​.HOUGHTON MIFFLIN HARCOURT - ‍CONTINUES TO IMPLEMENT ITS ONGOING INITIATIVES TO IMPROVE COMPANY'S OPERATIONAL EFFICIENCY AND RIGHT-SIZE ITS COST STRUCTURE​.‍ORGANIZATIONAL DESIGN CHANGES, AIMED AT REDUCING COMPLEXITY IN ORGANIZATION, WERE LARGELY COMPLETED BY MAY 2017​.‍HMH EXPECTS TO SUBSTANTIALLY COMPLETE REMAINING PLANNED ACTIONS BY END OF 2018​.HOUGHTON MIFFLIN HARCOURT - ‍IDENTIFIED INITIATIVES ARE EXPECTED TO RESULT IN ABOUT $70 MILLION TO $80 MILLION IN ANNUALIZED COST SAVINGS BY END OF 2018​.QTRLY EARNINGS PER SHARE LOSS‍$0.21​.QTRLY ‍NET SALES $260.5 MILLION VERSUS $241.8 MILLION ​.Q4 EARNINGS PER SHARE VIEW $-0.90, REVENUE VIEW $248.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2017 REVENUE VIEW $1.39 BILLION -- THOMSON REUTERS I/B/E/S.‍HMH EXPECTS 2018 BILLINGS TO BE IN RANGE OF $1.365 TO $1.445 BILLION​.HOUGHTON MIFFLIN -EXPECT INITIATIVES WILL RESULT IN TOTAL CHARGES OF $45 MILLION TO $49 MILLION, OF WHICH $35 MILLION TO $39 MILLION ARE ESTIMATED TO BE CASH CHARGES​.  Full Article

Houghton Mifflin Harcourt sees FY 2017 sales $1.325 bln to $1.405 bln
Thursday, 2 Nov 2017 07:27am EDT 

Nov 2 (Reuters) - Houghton Mifflin Harcourt Co ::Sees FY 2017 sales $1.325 billion to $1.405 billion.Houghton Mifflin Harcourt Co - ‍qtrly reports net sales of $532 million and qtrly billings of $584 million​ - SEC filing.Houghton Mifflin Harcourt co sees ‍full year 2017 billings to be in range of $1.375 to $1.455 billion​.Houghton Mifflin Harcourt Co - ‍reaffirms full-year 2017 net sales and billings outlook​.Houghton Mifflin-expects content development spending for 2017 to be at low end, or possibly below low end of range of $140 to $160 million set in february​.Houghton Mifflin - ‍capex including non-plate capex expected to be at low end of, or possibly below low end of range of $190 million to $220 million​.Houghton mifflin harcourt co - qtrly earnings per share $ 0.73‍​.Q3 earnings per share view $0.58, revenue view $528.5 million -- Thomson Reuters I/B/E/S.  Full Article

Houghton Mifflin Harcourt qtrly loss per share $‍0.38​
Thursday, 3 Aug 2017 08:55am EDT 

Aug 3 (Reuters) - Houghton Mifflin Harcourt Co :Qtrly net sales ‍$ 393 million versus $ 392​ million.Qtrly loss per share $‍0.38​.Sees fy 2017 sales $1.325 billion to $1.405 billion.Houghton mifflin harcourt co - reaffirmed full year 2017 outlook.Houghton mifflin harcourt co sees ‍total capital expenditure including non-plate capital expenditures continuing to be in range of $190 to $220 million​.  Full Article

Houghton Mifflin Harcourt announces Q2 2017 results
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Houghton Mifflin Harcourt Co :Houghton Mifflin Harcourt Co - ‍reaffirms full-year 2017 outlook​.Houghton Mifflin Harcourt announces second quarter 2017 results.Sees FY 2017 sales $1.325 billion to $1.405 billion.Q2 sales $393 million versus I/B/E/S view $384.3 million.Houghton Mifflin Harcourt Co - qtrly loss per share ‍$0.38​.Q2 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.38 billion -- Thomson Reuters I/B/E/S.Houghton mifflin harcourt co - ‍billings for Q2 of 2017 were $395 million, down 4%​.  Full Article

Houghton Mifflin board expands to ten directors
Thursday, 25 May 2017 08:15am EDT 

May 25 (Reuters) - Houghton Mifflin Harcourt Co ::Houghton Mifflin Harcourt - to reorganize its existing product planning, development and marketing function under Mary J. Cullinane into three separate functions.Houghton Mifflin Harcourt Co - company and Cullinane discussed her departure from HMH when company transitions to new structure.Houghton Mifflin Harcourt Co - on May 19, board expanded to ten directors, appointed John J. Lynch, Jr., company's president and CEO, as a director.  Full Article

Houghton Mifflin Harcourt estimates annualized cost savings of about $70 mln to $80 mln
Tuesday, 18 Apr 2017 04:55pm EDT 

April 18 (Reuters) - Houghton Mifflin Harcourt Co -:Houghton Mifflin Harcourt - currently estimate annualized cost savings of about $70 million to $80 million exiting 2018 as a result of planned cost-reduction actions.Houghton Mifflin Harcourt expects to substantially complete actions by end of may 2017 and to substantially complete remaining planned actions by end of 2018.Houghton Mifflin Harcourt - currently estimates implementation of planned actions will result in total charges of about $41-$45 million.Houghton Mifflin Harcourt - planned activities expected to result in total reduction of co's workforce by about 8% to 10% across its various locations.  Full Article

Houghton Mifflin Harcourt announces cost-reduction actions
Thursday, 16 Mar 2017 04:54pm EDT 

Houghton Mifflin Harcourt Co : Houghton Mifflin Harcourt Co - on March 16, co informed employees of certain proposed operational efficiency and cost-reduction actions . Houghton Mifflin Harcourt Co - expects to substantially complete organizational design change actions by end of may 2017 . Houghton Mifflin Harcourt Co - expects to substantially complete remaining actions by end of 2018 . Houghton Mifflin Harcourt Co - actions include process for making organizational design changes across layers of co below executive team . Houghton Mifflin- currently unable to determine estimate of total amount it expects to save,or expects to incur in connection with proposed actions .Houghton Mifflin - actions include other right-sizing initiatives expected to result in reductions in force, process for consolidating office space.  Full Article

Houghton Mifflin reports Q4 loss of $1.48/shr
Thursday, 23 Feb 2017 07:12am EST 

Houghton Mifflin Harcourt Co : Houghton Mifflin Harcourt announces full year 2016 results . Houghton Mifflin Harcourt Co qtrly loss per share $1.48 . Q4 sales $242 million versus I/B/E/S view $227.3 million . Sees FY 2017 sales $1.325 billion to $1.405 billion . Houghton Mifflin Harcourt Co sees 2017 billings to be in range of $1.375 to $1.455 billion . Houghton Mifflin Harcourt Co - For 2017 expects its adjusted EBITDA margin to be flat to slightly below 2016 level . Houghton Mifflin Harcourt Co - 2016 billings were $1,410 million, an 8 percent decrease compared with $1,541 million in 2015 .Sees 2017 total capital expenditure including non-plate capital expenditures in range of $190 to $220 million.  Full Article