Why Houghton Mifflin Harcourt Stock Is Plunging Today
The textbook publisher reported disappointing third-quarter results.
Houghton Mifflin Harcourt is a publisher of textbooks, instructional technology materials, and fiction and non-fiction for children and adults.
The textbook publisher reported disappointing third-quarter results.
On Thursday, the company got a boost from its restructuring announcement.
The education company is restructuring its business to put more focus on technology.
The textbook publisher is shifting toward digital materials much faster than originally planned, but second-quarter sales still came in far below expectations.
Traders might be finding out that $1 billion was just gossip and inaccurate.
The company is launching a new online education tool just in time for the new school year, but is it worth this much?
HMHC earnings call for the period ending March 31, 2020.
HMHC earnings call for the period ending December 31, 2019.
HMHC earnings call for the period ending September 30, 2019.
HMHC earnings call for the period ending June 30, 2019.