The press is calling this a scandal. Scandal? HURN made earn-out payments to selling owners who took a portion of these earn-out payments and paid it back to some of HURN's employees that helped generate the earn-out payments. HURN had no control and no awareness that the previous owner's disbursed these payments to some of its workers and thus didn't record it as such. However, these payments would be construed as one-time adjustments that would have not been included in any on-going valuation model.
Therefore, the one-time non-compensation expense have no cash impact and thus should have no impact on the valuation of HURN.
Purchasing HURN at current levels is a no-brainer, IMHO.
Target price - $30 in the coming 12-15 months.
10nis
Recent HURN News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 05:30:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 05:28:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 05:27:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 05:23:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 09:29:28 PM
- Huron Announces First Quarter 2024 Financial Results and Updates 2024 Guidance • Business Wire • 04/30/2024 08:05:00 PM
- Huron Announces First Quarter 2024 Earnings Release and Webcast • Business Wire • 04/16/2024 01:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 09:27:38 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/11/2024 08:27:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 05:29:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 05:27:53 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 03/08/2024 10:08:10 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 09:45:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 10:02:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 09:17:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 07:19:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 07:16:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 07:12:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 07:10:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 07:07:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 07:05:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 07:00:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 06:56:48 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 11:51:23 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 11:10:09 PM
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