Quarterly ResultMay 14, 2026, 04:29 PM
Harte Hanks Q1 Revenue $37.3M, Net Loss $0.6M
AI Summary
Harte Hanks reported its financial results for the first quarter ended March 31, 2026, showing a decline in key financial metrics. Total revenues decreased by 10.3% to $37.3 million, leading to an increased net loss of $0.6 million and an operating loss of $768 thousand. Despite these pressures, the company emphasized its strong balance sheet with $4.5 million in cash and no outstanding debt, and its continued focus on a sector-aligned growth strategy to build momentum towards positive EBITDA throughout 2026.
Key Highlights
- Total revenues for Q1 2026 were $37.3 million, down 10.3% from $41.6 million in Q1 2025.
- Net loss was $0.6 million, or $0.08 per share, compared to $0.4 million, or $0.05 per share in Q1 2025.
- Operating loss increased to $768 thousand from $40 thousand in the prior year quarter.
- EBITDA was $0.3 million, down from $1.0 million in Q1 2025; Adjusted EBITDA was $0.7 million.
- Customer Care segment revenue was $12.9 million, a 1.1% decrease year-over-year.
- Fulfillment & Logistics Services revenue decreased 16.6% to $16.5 million.
- Revenue Solutions segment revenue was $7.9 million, down 9.9% from the prior year.
- The company ended the quarter with a strong cash balance of $4.5 million and no outstanding debt.