Movers and SHAKERS
Friday, March 15, 2019
A Management Team Eager To Tackle The Tasks At Hand.
Harte-Hanks is a marketing services company that provides multichannel marketing solutions as well as consulting, data analytics, and strategic assessment. The company's offerings focus on business-to-business, retail, finance, and automotive segments through digital, social, mobile, and print media offerings.
Michael Kupinski, DOR, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Q4 results anticipated. The Q4 revenue decline was slightly better than expected, providing hopeful signs that its businesses are stabilizing. Revenues were $70.2 million versus our $68.5 million estimate. Adjusted EBITDA was in line with a loss of $1.57 million versus our loss estimate of $1.50 million.
- Adequate liquidity. The company received a tax refund of $4.6 million in February, 2019. The company is expected to receive a second $9 million refund in the second half 2019. Combined with current cash on hand of $20.6 million, the company appears to have ade...
Get full report on Channelchek desktop.
*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.