HMHC earnings

Believes Proposed Veritas Tender Offer Significantly Undervalues Company and Deprives Shareholders of Potential Upside under HMHC's Highly Experienced Management Team Does Not Intend to Tender Shares and Urges HMHC to Alternative Options Including Remaining Standalone Public Company Prasad Phatak, a significant shareholder of Houghton Mifflin Harcourt Company ("Houghton Mifflin" or the "Company") (NASDAQ:HMHC) today issued the following letter to the Company's Board of Directors (the "Board"). March 7, 2022 Board of Directors Houghton Mifflin c/o Corporate Secretary 125 High Street Boston, MA 02110 Dear Board Members, I am a shareholder of Houghton Mifflin Harcourt Company ("Houghton

Believes Veritas Capital's $21 per Share Offer Price Significantly Undervalues the Company and Questions the Timing of the Proposed Transaction Announces Intention Not to Tender its Shares and Encourages Employees to Review the Facts Before Making a Decision ROCKVILLE CENTRE, N.Y., March 01, 2022 (GLOBE NEWSWIRE) -- Laughing Water Capital, LP (together with its affiliates, "LWC"), a value focused investment firm that specializes in businesses undergoing transformational change, today issued a letter to the Board of Directors and employees of Houghton Mifflin Harcourt Company (NASDAQ:HMHC) (the "Company"). In the letter, LWC explains why it will NOT be tendering its shares into Veritas Ca

BOSTON, Feb. 24, 2022 /PRNewswire/ -- HMH (NASDAQ:HMHC), a learning technology company, announced financial results for the fourth quarter and full year ended December 31, 2021. Q4 and Full Year 2021 Financial Results: Three Months Ended December 31, Years Ended December 31, (in millions of dollars) 2021 1 2020 1 Change 2021 1 2020 1 Change Net sales $ 179 $ 141 26.7 % $ 1,051 $ 840 25.0 % Change in deferred revenue (47) (48) (3.0) % 59 58 2.1 % Billings 2 132 93 42.0 % 1,110 899 23.5 % Impairment charge for goodwill — 17 NM — 279 NM (Loss) income from continuing operations (4

BOSTON, Feb. 22, 2022 /PRNewswire/ -- Houghton Mifflin Harcourt Company (NASDAQ:HMHC) ("HMH," or the "Company"), a learning technology company, today announced that it has entered into a definitive merger agreement with certain affiliates of Veritas Capital ("Veritas"), a leading private investment firm, for the acquisition of the Company. Pursuant to the terms of the agreement, HMH shareholders will be entitled to receive $21 in cash per share through a tender offer. The per share purchase price represents a 36% premium to the Company's unaffected share price as of January 13

BOSTON, Feb. 3, 2022 /PRNewswire/ -- Learning technology company HMH (NASDAQ:HMHC) today announced that it will release its fourth quarter and full year 2021 results on Thursday, Feb. 24, 2022, before the market opens. At 9:30 a.m. ET on Thursday, Feb. 24, 2022, HMH will also host a conference call to discuss the results with its investors. The call will be webcast live at ir.hmhco.com. The following information is provided for investors who would like to participate: Toll Free:     (844) 835-6565International: (484) 653-6719Passcode: 7986164Webcast Link: https://edge.media-s

BOSTON, Nov. 4, 2021 /PRNewswire/ -- HMH (NASDAQ:HMHC), a learning technology company, announced strong financial results for the third quarter which ended Sept. 30, 2021. "Propelled by strong demand for our comprehensive portfolio of learning solutions, HMH delivered an impressive 22% year-over-year increase in third quarter billings. As a result of the continued momentum across our business, we are raising our full year guidance for the second time this year," said Jack Lynch, President and Chief Executive Officer of HMH. "In just the last two years, we dramatically transfor

BOSTON, Oct. 7, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt (HMH) (NASDAQ:HMHC) today announced that it will release its third quarter 2021 financial and operating results on Thursday, Nov. 4, 2021, before the market opens. At 9:30 a.m. ET on Thursday, Nov. 4, 2021, HMH will also host a conference call to discuss the results with its investors. The call will be webcast live at ir.hmhco.com. The following information is provided for investors who would like to participate: Toll Free: (844) 835-6565International: (484) 653-6719Passcode: 4666615Webc

BOSTON, Aug. 5, 2021 /PRNewswire/ -- Learning technology company Houghton Mifflin Harcourt ("HMH" or the "Company") (NASDAQ:HMHC) announced financial results for the second quarter which ended June 30, 2021. "We delivered a strong quarter with 25% billings growth; based on this growth and our robust pipeline, we are raising our full year guidance," said Jack Lynch, President and Chief Executive Officer of Houghton Mifflin Harcourt. "As educators plan for the return to classrooms and school funding begins to stabilize, we are seeing growing demand for our teaching and learning