BOSTON, April 15, 2021 /PRNewswire/ -- Houghton
Mifflin Harcourt (HMH) (NASDAQ:
HMHC) today announced that it will release its first quarter 2021
financial and operating results on Thursday,
May 6, 2021, before the market opens.
At 9:30 a.m. ET on Thursday, May
6, 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) 835-6565
International: (484) 653-6719
Passcode: 4741847
Moderator: Brian Shipman, Senior Vice President,
Investor Relations
Webcast
Link: https://edge.media-server.com/mmc/p/fpqj4zrf
An archived webcast with the accompanying slides will be
available at ir.hmhco.com for one year for those unable
to participate in the live event. An audio replay of this
conference call will also be available until May 16, 2021 via the following telephone numbers:
(855) 859-2056 in the United
States and (404) 537-3406 internationally using passcode
4741847.
About Houghton Mifflin Harcourt
Houghton Mifflin Harcourt
(Nasdaq: HMHC) is a learning technology company committed to
delivering connected solutions that engage learners, empower
educators and improve student outcomes. As a leading provider of
K–12 core curriculum, supplemental and intervention solutions and
professional learning services, HMH partners with educators and
school districts to uncover solutions that unlock students'
potential and extend teachers' capabilities. HMH serves more than
50 million students and 3 million educators in 150 countries, while
its award-winning children's books, novels, non-fiction, and
reference titles are enjoyed by readers throughout the world. For
more information, visit www.hmhco.com. Follow HMH
on Twitter, Facebook and YouTube.
Forward-Looking Statements
The statements contained herein include forward-looking
statements, which involve risks and uncertainties. These
forward-looking statements can be identified by the use of
forward-looking terminology, including the terms "believes,"
"estimates," "projects," "anticipates," "expects," "could,"
"intends," "may," "will," "should," "forecast," "intend," "plan,"
"potential," "project," "target" or, in each case, their negative,
or other variations or comparable terminology. Forward-looking
statements include all statements that are not statements of
historical facts, including statements regarding our efforts to
execute on our Digital First, Connected growth strategy, to
establish ourselves as a pure-play K-12 learning technology company
and to generate free cash flow. They include statements regarding
our intentions, beliefs or current expectations concerning, among
other things, the impact of the actions described in this press
release; our results of operations; financial condition; liquidity;
prospects, growth and strategies; the expected impact of the
COVID-19 pandemic; the timing, structure and expected impact of our
operational efficiency and cost-reduction initiatives and the
estimated savings and amounts expected to be incurred in connection
therewith; and potential business decisions. We derive many of our
forward-looking statements from our operating budgets and
forecasts, which are based upon many detailed assumptions. We
caution that it is very difficult to predict the impact of known
factors, and, of course, it is impossible for us to anticipate all
factors that could affect our actual results. All forward-looking
statements are based upon information available to us on the date
of this report.
By their nature, forward-looking statements involve risks and
uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. We caution
you that forward-looking statements are not guarantees of future
performance and that actual results may differ materially from
those made in or suggested by the forward-looking statements
contained herein. In addition, even if actual results are
consistent with the forward-looking statements contained herein,
those results or developments may not be indicative of results or
developments in subsequent periods.
Important factors that could cause actual results to vary from
expectations include, but are not limited to: the duration and
severity of the COVID-19 pandemic and its impact on the federal,
state and local economies and on K–12 schools; any delays in
receiving required regulatory approvals in connection with our
recently announced agreement to sell the HMH Books & Media
business or in satisfying other closing conditions and any
disruptions in the global credit and financial markets that could
have a negative impact on the completion of the proposed
transaction; any disruption resulting from the proposed transaction
that adversely affects our businesses and business relationships,
including with employees and suppliers; the rate and state of
technological change; state requirements related to digital
instructional materials; our ability to execute on our Digital
First, Connected growth strategy; increases in our operating costs;
management and personnel changes; timing, higher costs and
unintended consequences of our operational efficiency and
cost-reduction initiatives; and other factors discussed in our news
releases, public statements and/or filings with the U.S. Securities
and Exchange Commission, including our most recent Annual and
Quarterly Reports on Form 10-K and Form 10-Q. In light of these
risks, uncertainties and assumptions, the forward-looking events
described herein may not occur.
We undertake no obligation, and do not expect, to publicly
update or publicly revise any forward-looking statement, whether as
a result of new information, future events or otherwise, except as
required by law. All subsequent written and oral forward-looking
statements attributable to us or to persons acting on our behalf
are expressly qualified in their entirety by the cautionary
statements contained herein.
CONTACT
Investor Relations
Brian S. Shipman, CFA
SVP, Investor Relations
212-592-1177
Brian.Shipman@hmhco.com
Media Relations
Bianca Olson
SVP, Corporate Affairs
617-351-3841
Bianca.Olson@hmhco.com
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SOURCE Houghton Mifflin Harcourt