10-Q · May 15, 2026
Harte Hanks, Inc. reported Q1 2026 results revealing a significant revenue decline of 10.3% year-over-year to $37.3 million and an EPS of -$0.08, which missed consensus estimates. Operating losses increased…
Earnings analysis · 10-Q
HHS earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q excerpt does not include the current-quarter income statement, balance sheet, cash flow statement, or segment disclosures, so revenue, margin, EPS, cash flow, and working-capital trends cannot be…
Read full summary
The supplied 10-Q excerpt does not include the current-quarter income statement, balance sheet, cash flow statement, or segment disclosures, so revenue, margin, EPS, cash flow, and working-capital trends cannot be quantified from the filing text provided. The principal development is the proposed Star Equity merger, which introduces substantial completion, execution, and transaction-cost risks. No quantitative company guidance is provided.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Disclosure controls deemed effective
The company reported that disclosure controls and procedures were effective at the “reasonable assurance” level as of June 30, 2026.
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Repurchase capacity preserved
No shares were repurchased during the quarter ended June 30, 2026; $4.1 million remained available under the $6.5 million repurchase authorization.
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Proposed Star Equity merger disclosed
The filing includes an agreement and plan of merger with Star Holdings Equity dated August 14, 2026, indicating a significant strategic transaction is pending.
What to watch
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Merger completion uncertainty
Completion of the merger depends on at least 3 stated conditions, including shareholder approval, no prohibiting law or order, and effectiveness of the Form S-4 registration statement; failure to complete the deal could materially and adversely affect the company.
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Potential termination fee exposure
The merger agreement provides termination rights to both 2 parties—Star Equity and Harte Hanks—and termination under certain circumstances could require a termination fee.
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Merger-related operating constraints
While the merger is pending, the company faces restrictions on actions including entering contracts, changing employees, incurring indebtedness, making capital expenditures, issuing shares, and settling claims, which could impair operations and execution.
Management's outlook
No quantitative revenue or EPS outlook is provided in the supplied 10-Q excerpt. The filing instead focuses on the proposed Star Equity merger and related transaction risks.
Earlier filings 4
10-K · March 17, 2026
Harte Hanks, Inc. reported a 13.9% decrease in revenue for 2025, totaling $159.6 million, with a net loss of $0.8 million compared to a net loss of $30.3 million in 2024. Operating margins dramatically fell to 0.2%,…
10-Q · November 12, 2025
Harte Hanks' Q3 2025 results reveal significant challenges, with revenues declining 17% year-over-year to $39.52 million and an EPS of -$0.31, reflecting ongoing difficulties in all segments amid a tough economic…
10-Q · August 8, 2025
Harte Hanks reported Q2 2025 results with revenues of $38.6 million, a 14.2% decrease from Q2 2024, and EPS of -$0.05, missing analyst expectations. The company continues to face challenges with declining revenue across…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.