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HMHC - HMH Holdings EPS misses by $0.63 misses on revenue
Houghton Mifflin Harcourt Company
HMH Holdings (HMHC): Q3 GAAP EPS of -$0.10 misses by $0.63.Revenue of $386.59M (-31.7% Y/Y) misses by $130M.Billings declined 32% to $506MHMH expects billings in a range of $1.05 to $1.10B, and expects free cash flow to be between ($5) to ($15)M for FY20. Based on what management knows today, HMH expects positive free cash flow in 2021.Press Release