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HHS - Harte Hanks (HHS) - A New Profitable Baseline
Harte-Hanks, Inc.
Solid Q2 results. Against difficult earlier comps, the company reported a solid quarter in line with expectations. The weakness in its Customer Care segment due to year earlier Covid related business was largely offset by 24% revenue growth in its Fulfillment & Logistics segment. Adj. EBITDA of $5.2 million was better than our $4.9 million estimate. Favorable contract wins. The company has won several contract awards that provides a more constructive view of its second half. The contract wins favorably affect both its Customer Care and Fulfillment & Logistics segments. Read More >>