HHS — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-14

• executing our multichannel strategy while also continuing to adjust our cost structure to appropriately reflect our operations and outlook.

• On August 14th, 2026, the company entered into a merger agreement with Star Equity under which, subject to the conditions set forth in the merger agreement, Star Equity agreed to purchase all of the outstanding shares of Harte Hanks in a stock and cash transaction. The transaction is expected to clo…

• Three months ended June 30, 2026 vs. Three months ended June 30, 2025

• Revenue decreased $0.6 million, or 1.7%, to $38.0 million in the three months ended June 30, 2026, compared to the three months ended June 30, 2025. Revenue in our Revenue Solutions segment decreased $1.1 million, or 13.2%, to $7.5 million in the three months ended June 30, 2026, compared to the thr…

• Operating expenses were $42.5 million in the three months ended June 30, 2026, an increase of $3.9 million, or 10.0%, compared to $38.6 million in the three months ended June 30, 2025.

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• Three months ended March 31, 2026 vs. Three months ended March 31, 2025

• Revenues of $37.3 million decreased $4.3 million, or 10.3%, in the three months ended March 31, 2026, compared to the three months ended March 31, 2025. Revenue in our Fulfillment & Logistics Services segment decreased $3.3 million, or 16.6%, to $16.5 million. Revenue in our Revenue Solutions segmen…

• Operating expenses were $38.0 million in the three months ended March 31, 2026, a decrease of $3.6 million, or 8.6%, compared to $41.6 million in the three months ended March 31, 2025.

• Production and Distribution expenses decreased $2.7 million, or 19.3%, in the three months ended March 31, 2026, primarily due to lower shipping costs due to lower logistics revenue as well as lower brokered or pass through costs associated with lower broker revenue.

• Advertising, Selling, General and Administrative expenses decreased $0.2 million, or 3.5%, in the three months ended March 31, 2026, primarily due to lower professional fees.

Text added vs the prior filing · source: 10-Q · 2026-08-14

• The transactions contemplated by the merger agreement are subject to conditions, including certain conditions that may not be satisfied or completed on a timely basis or at all. Failure to complete the transactions contemplated by the merger agreement, including the merger, could have material and a…

• Completion of the merger is subject to a number of conditions, including, among other things, (i) the adoption of the merger agreement by the holders of our common stock, (ii) the absence of any law or order prohibiting the consummation of the merger, and (iii) the effectiveness of the registration …

• If the transactions contemplated by the Merger Agreement are not completed, our ongoing business may be adversely affected and, without realizing any of the benefits of having completed the merger, we will be subject to a number of risks, including the following: we may be required to pay our costs …

• In addition, the merger agreement contains certain termination rights for both Star Equity and us, which if exercised, will also result in the transactions contemplated by the merger agreement not being consummated. If the merger agreement is terminated under certain circumstances, we could be requi…

• We will be subject to business uncertainties while the merger is pending, which could adversely affect our business.