| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
131 |
| Employees |
3,100 |
| Revenues (TTM) (Millions $) |
1,051 |
| Net Income (TTM) (Millions $) |
214 |
| Cash Flow (TTM) (Millions $) |
182 |
| Capital Exp. (TTM) (Millions $) |
39 |
Business Description
Houghton Mifflin Harcourt Co. (HMHC) is a leading provider of educational products and services, serving students, teachers, and parents in over 150 countries. The company's mission is to "change people's lives by fostering passionate, curious learners," and its products and services are designed to help achieve this goal.
HMHC was founded in 1832 by Henry Houghton and George Mifflin as a general-interest publisher. In the early 1900s, the company began publishing educational materials, and in the 1950s, it became a major player in the textbook market. Today, HMHC is one of the largest educational publishers in the world, with a diverse portfolio of print and digital products and services.
The company's products are designed for students of all ages, from preschool through college, and cover a wide range of subject areas, including language arts, social studies, math, science, and health. They also offer resources for professional development, including online courses, workshops, and research-based solutions to improve education outcomes.
HMHC's digital products and services include interactive textbooks, digital assessments, and learning management systems. Its technology division, HMH Labs, develops innovative educational software and applications designed to enhance learning experiences for students and educators.
In addition to its educational publishing and technology divisions, HMHC has a trade publishing division that publishes books for the general market, including best-selling novels, memoirs, and non-fiction titles. They also have a children's book division that publishes award-winning picture books, chapter books, and young adult novels.
The company's headquarters are located in Boston, Massachusetts, and they have additional offices throughout the United States, as well as in Canada, Mexico, and the United Kingdom. HMHC employs over 4,000 people worldwide, including educators, product developers, sales and marketing professionals, and customer service representatives.
In recent years, HMHC has faced financial challenges due to declining demand for traditional printed textbooks and increased competition from digital education providers. The company has responded by investing in digital technology and expanding its product and service offerings beyond traditional textbooks.
Overall, Houghton Mifflin Harcourt Co. is a leading provider of educational products and services that is dedicated to fostering a love of learning in students of all ages. With a long history of innovation and entrepreneurial spirit, HMHC is well-positioned to remain a major player in the global education market.
Company Address: 125 High Street Boston 2110 MA
Company Phone Number: 351-5000 Stock Exchange / Ticker: NASDAQ HMHC
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