# EDGAR Filing Document

**Accession Number:** 0000045919
**File Stem:** 0001628280-26-018959
**Filing Date:** 2026-3
**Character Count:** 29457
**Document Hash:** 6688d9c0dc185040e559914b9eefabf6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-018959.hdr.sgml**: 20260318

**ACCESSION NUMBER**: 0001628280-26-018959

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260317

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260318

**DATE AS OF CHANGE**: 20260317

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HARTE HANKS INC
- **CENTRAL INDEX KEY:** 0000045919
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-DIRECT MAIL ADVERTISING SERVICES [7331]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 741677284
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-07120
- **FILM NUMBER:** 26764007

**BUSINESS ADDRESS:**
- **STREET 1:** 1 EXECUTIVE DRIVE
- **STREET 2:** SUITE 303
- **CITY:** CHELMSFORD
- **STATE:** MA
- **ZIP:** 01824
- **BUSINESS PHONE:** 5124341100

**MAIL ADDRESS:**
- **STREET 1:** 1 EXECUTIVE DRIVE
- **STREET 2:** SUITE 303
- **CITY:** CHELMSFORD
- **STATE:** MA
- **ZIP:** 01824

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HARTE HANKS COMMUNICATIONS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HARTE HANKS NEWSPAPERS INC
- **DATE OF NAME CHANGE:** 19771010

?xml version='1.0' encoding='ASCII'? hhs-20260317

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**___________________________________________________**

**FORM 8-K**

**___________________________________________________**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

March 17, 2026

Date of Report (Date of Earliest Event Reported)

**___________________________________________________**

**Harte Hanks, Inc.**

(Exact Name of Registrant as Specified in its Charter)

**___________________________________________________**

---

| | | |
|:---|:---|:---|
| **Delaware** | **1-7120** | **74-1677284** |
| (State or Other Jurisdiction<br>of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |

---

**1 Executive Drive, Suite 303**

**Chelmsford**, **MA 01824**

**(512**) **434-1100**

(Address of principal executive offices and Registrant's telephone number, including area code)

**___________________________________________________**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered <br> <u>Common Stock</u> <u>HHS</u> <u>NASDAQ</u>

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

□ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

------

**Item 2.02 Results of Operations and Financial Condition.**

On March 17th, 2026, Harte Hanks issued a press release announcing its financial results for the fourth quarter and calendar year ended December 31, 2025. The full text of the press release is furnished with this Current Report as Exhibit 99.1 and is incorporated by reference herein.

The information contained in this Item 2.02 (including Exhibit 99.1) of this Current Report is furnished pursuant to this Item 2.02 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, notwithstanding any general incorporation by reference language in other Harte Hanks filings.

**Item 9.01 Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(d) Exhibits**

---

| | |
|:---|:---|
| <u>Exhibit No</u> | <u>Description</u> |
| <u>[99.1](a20260317ex991prearningq4y.htm)</u> | <u>[Press Release of Harte Hanks, Inc. dated](a20260317ex991prearningq4y.htm)[March](a20260317ex991prearningq4y.htm)[1](a20260317ex991prearningq4y.htm)[7](a20260317ex991prearningq4y.htm)[th, 202](a20260317ex991prearningq4y.htm)[6](a20260317ex991prearningq4y.htm)[announcing](a20260317ex991prearningq4y.htm)[fourth](a20260317ex991prearningq4y.htm)[quarter](a20260317ex991prearningq4y.htm)[and fiscal](a20260317ex991prearningq4y.htm)[2025 financial results](a20260317ex991prearningq4y.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | **HARTE HANKS, INC.** | **HARTE HANKS, INC.** |
| Date: March 17, 2026 | By: | /s/ David Garrison |
|  |  | David Garrison<br>Chief Financial Officer |

---

## Exhibit 99.1

Exhibit 99.1

![logo.jpg](logo.jpg)

**Harte Hanks Reports Fourth Quarter and Fiscal 2025 Full-Year Results**

*Reports Positive FY2025 EBITDA*

**Chelmsford, Massachusetts** – **March 17, 2026 - Harte Hanks, Inc. (NASDAQ: HHS),** a leading global customer experience company focused on bringing companies closer to customers for over 100 years, today announced financial results for the fourth quarter and full year ended December 31, 2025.

"In 2025, we took meaningful actions to streamline our business and strengthen our foundation. We remain focused on margin expansion and disciplined capital allocation to enhance shareholder value. These actions delivered on our stated outlook and achieved positive EBITDA in 2025. Our goal in 2026 is to deepen our customer relationships to drive profitable growth and long-term value for shareholders," said David Fisher, President.

**Fourth Quarter Highlights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Total revenues for Q4 2025 were $39.9 million, down 15.4% compared to $47.1 million in Q4 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Operating loss of $0.1 million compared to a loss of $1.6 million in the prior-year quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net income for the fourth quarter was $2.2 million, or $0.30 per basic and diluted share, compared to net loss of $2.4 million, or $0.33 per basic and diluted share, in the prior-year quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The fourth quarter of 2025 had positive EBITDA of $1.0 million compared to negative EBITDA of $0.3 million in the same period in the prior year. Adjusted EBITDA, which excludes stock-based compensation, severance, restructuring charges and goodwill and intangibles impairments, was $1.2 million in Q4 2025 compared to $3.5 million in Q4 of 2024.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Company ended the year with a cash balance of $5.6 million compared to $9.9 million at December 31, 2024, with zero debt. The cash balance was impacted by $2.8 million in capital equipment investment and $2.3 million in net pension costs; otherwise the operations were cash flow positive.

**Fourth Quarter Segment Highlights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Customer Care, $13.7 million in revenue, 34% of total** – Segment revenue declined $1.4 million or 9% versus the prior year quarter and EBITDA totaled $1.5 million for the quarter, down 48% year-over-year. The third and fourth quarter of 2025 included investment in a new call center, and expanding the Company's investment in its relationship with Samsung.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Fulfillment & Logistics Services, $17.3 million in revenue,** 44% **of total** – Segment revenue declined $3.4 million or 17% versus the prior year quarter and EBITDA totaled $1.1 million, down 15%. The decrease in fourth quarter revenues year over year was primarily the result of a logistics customer exit earlier in the year. The reduced profitability was due to the related reduction in revenue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Revenue Solutions, $8.9 million in revenue, 22% of total** – Segment revenue decreased $2.5 million or 22% compared to the prior year quarter and EBITDA for the fourth quarter was $1.4 million, a $2.9 million increase year over year. The impairment of goodwill and intangible assets in 2024 reduced EBITDA by $3.2 million for the prior year quarter.

**Consolidated Fourth Quarter 2025 Results**

Fourth quarter revenues were $39.9 million, down 15.4% from $47.1 million in the fourth quarter of 2024 due to decreased revenue in all of the Company's operating segments.

Fourth quarter operating loss was $0.1 million, compared to a loss of $1.6 million in the fourth quarter of 2024.

------

Exhibit 99.1

Net income for the quarter was $2.2 million, or $0.30 per basic and diluted share, compared to net loss of $2.4 million, or $0.33 per basic and diluted share, in the fourth quarter last year.

**Consolidated Full Year 2025 Results**

Full year revenues in 2025 were $159.6 million, down 13.9% from $185.2 million in 2024. Operating income in 2025 was $0.4 million, compared to operating income of $2.1 million in 2024 or a year over year decrease of 81.6%. Net loss for 2025 was $0.8 million, or $0.11 per basic and diluted share, compared to net loss of $30.3 million, or $4.15 per basic and diluted share in 2024. The 2024 net loss was primarily attributable to the $37.5 million in pension plan termination charges.

**Balance Sheet and Liquidity**

Harte Hanks ended the year with $5.6 million in cash and cash equivalents and $24.0 million of capacity on its credit line. The Company had no outstanding debt as of December 31, 2025 and believes it is well-positioned to execute on its long-term growth strategies in 2026 and beyond.

**About Harte Hanks**

<u>Harte Hanks</u> (NASDAQ: <u>HHS</u>) is a leading global customer experience company whose mission is to partner with clients to provide them with CX strategy, data-driven analytics and actionable insights combined with seamless program execution to better understand, attract and engage their customers.

With a legacy spanning over a century, Harte Hanks delivers integrated solutions across Customer Care, Fulfillment & Logistics, and Revenue Solutions leveraging deep vertical expertise, a global footprint, and proprietary platforms to create enduring value for leading brands. Clients include GlaxoSmithKline, Unilever, Samsung, Pfizer, HBO Max, Volvo, Ford, FedEx, Abbott and IBM among others. Headquartered in Chelmsford, Massachusetts, Harte Hanks has approximately 2,100 employees in offices across the Americas, Europe, and Asia Pacific.

For more information, visit <u>hartehanks.com</u>

As used herein, "Harte Hanks" or "the Company" refers to Harte Hanks, Inc. and/or its applicable operating subsidiaries, as the context may require. Harte Hanks' logo and name are trademarks of Harte Hanks, Inc.

**Cautionary Note Regarding Forward-Looking Statements:**

This press release contains "forward-looking statements" within the meaning of U.S. federal securities laws, including statements regarding our strategies and initiatives, including actions designed to respond to market conditions and improve our performance; our continued focus on margin expansion and capital allocation to enhance shareholder value; our expectations for our businesses and strategic goals in 2026; and any other statements regarding future events, conditions, or outcomes. All such statements are qualified by this cautionary note, provided pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements other than historical facts are forward-looking and may be identified by words such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "seeks," "could," "intends," or words of similar meaning. These forward-looking statements are based on current information, expectations and estimates and involve risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to vary materially from what is expressed in or indicated by the forward-looking statements. In that event, our business, financial condition, results of operations or liquidity could be materially adversely affected and investors in our securities could lose part or all of their investments. These risks, uncertainties, assumptions and other factors include: (a) local, national and international economic and business conditions, including (i) market conditions that may adversely impact marketing expenditures, and (ii) the impact of economic environments and competitive pressures on the financial condition, marketing expenditures and activities of our clients and prospects; (iii) the demand for our products and services by clients and prospective clients, including (iv) the willingness of existing clients to maintain or increase their spending on products and services that are or remain profitable for us, and (v) our ability to predict changes in client needs and preferences; (b) economic and other business factors that impact the industry verticals we serve, including competition, inflation and consolidation of current and prospective clients, vendors and partners in these verticals; (c) our ability to manage and timely adjust our facilities, capacity, workforce and cost structure to effectively serve our clients; (d) our ability to improve our processes and to provide new products and services in a timely and cost-effective manner though development, license, partnership or acquisition; (e) our ability to protect our facilities against security breaches and other interruptions and to protect sensitive personal information of our clients and their customers; (f) our ability to respond to increasing concern, regulation and legal action over consumer privacy issues, including changing requirements for collection, processing and use of information; (g) the impact of privacy and other regulations, including restrictions on unsolicited marketing communications and other consumer protection laws; (h) fluctuations in fuel prices, paper prices, postal rates and postal delivery schedules; (i) the number of shares, if any, that we may repurchase in connection with our repurchase program; (j) unanticipated developments regarding litigation or other contingent liabilities; (k) our ability to complete reorganizations,

------

Exhibit 99.1

including cost-saving initiatives; and (l) other factors discussed from time to time in our filings with the Securities and Exchange Commission, including under "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025 which was filed on March 17, 2026. The forward-looking statements in this press release are made only as of the date hereof, and we undertake no obligation to update publicly any forward-looking statement, even if new information becomes available or other events occur in the future.

**Supplemental Non-GAAP Financial Measures:**

The Company reports its financial results in accordance with generally accepted accounting principles ("GAAP"). However, we believe that certain non-GAAP measures of financial performance, including Adjusted Operating Income, EBITDA and Adjusted EBITDA, provide investors with a useful and supplemental understanding of operating results and underlying trends to assess the Company's performance and liquidity. We have presented herein a reconciliation of these measures to the most directly comparable GAAP financial measures.

The Company presents the non-GAAP financial measure "Adjusted Operating Income" as a useful measure to both management and investors in their analysis of the Company's financial results because it facilitates a period-to-period comparison of Operating (loss) income excluding stock-based compensation, goodwill and intangible impairment, severance and restructuring. The most directly comparable measure for this non-GAAP financial measure is Operating Income. We believe Adjusted Operating Income is an important performance metric because it best allows comparison of performance with that of the comparable period.

The Company presents the non-GAAP financial measure "EBITDA" as a supplemental measure of operating performance in order to provide an improved understanding of underlying performance trends. The Company defines "EBITDA" as Net (loss) income adjusted to exclude income tax expense (benefit), other expense, net, depreciation, and amortization expense. The Company defines "Adjusted EBITDA" as EBITDA adjusted to exclude stock-based compensation, severance, restructuring, and goodwill and intangible impairment. The most directly comparable measure for EBITDA and Adjusted EBITDA is Net Income. We believe EBITDA and Adjusted EBITDA are important performance metrics because they facilitate the analysis of our results, exclusive of certain non-cash items, including items which do not directly correlate to our business operations.

The use of non-GAAP measures do not serve as a substitute and should not be construed as a substitute for GAAP performance but should provide supplemental information concerning our performance that our investors and we find useful. The Company evaluates its operating performance based on several measures, including these non-GAAP financial measures. The Company believes that the presentation of these non-GAAP financial measures in this press release is a useful supplemental financial measures of operating performance for investors because they facilitate investors' ability to evaluate the operational strength of the Company's business. However, there are limitations to the use of these non-GAAP measures, including that they may not be calculated the same by other companies in our industry limiting their use as a tool to compare results. Any supplemental non-GAAP financial measures referred to herein are not calculated in accordance with GAAP and they should not be considered in isolation or as substitutes for the most comparable GAAP financial measures.

**Investor Relations Contact:**

Investor.Relations@HarteHanks.com

Source: Harte Hanks, Inc.

------

Exhibit 99.1

**Harte Hanks, Inc.**

**Consolidated Statements of Operations (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Three Months Ended December 31, | Three Months Ended December 31, | Year Ended December 31, | Year Ended December 31, |
| In thousands, except per share amounts | 2025 | 2024 | 2025 | 2024 |
| Operating revenue | $39858 | $47129 | $159570 | $185242 |
| Operating expenses |  |  |  |  |
| &nbsp;&nbsp;Labor | 21197 | 23426 | 80823 | 93769 |
| &nbsp;&nbsp;Production and distribution | 11717 | 14794 | 49898 | 56644 |
| &nbsp;&nbsp;Advertising, selling, general and administrative | 5678 | 5730 | 22209 | 22781 |
| &nbsp;&nbsp;Restructuring expense | 257 | 286 | 1782 | 2402 |
| &nbsp;&nbsp;Goodwill impairment charge |  | 1631 |  | 1631 |
| &nbsp;&nbsp;Intangible assets impairment charge |  | 1537 |  | 1537 |
| &nbsp;&nbsp;Depreciation and amortization expense | 1126 | 1278 | 4472 | 4385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses | 39975 | 48682 | 159184 | 183149 |
| Operating (loss) income | (117) | (1553) | 386 | 2093 |
| Other expenses, net |  |  |  |  |
| &nbsp;&nbsp;Interest expense, net | 50 | 80 | 248 | 187 |
| &nbsp;&nbsp;Pension plan termination charges | - | - | - | 37505 |
| &nbsp;&nbsp;Other expenses, net | 140 | 232 | 1146 | 2335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total other expenses, net | 190 | 311 | 1394 | 40027 |
| Loss before income taxes | (307) | (1864) | (1008) | (37934) |
| Income tax (benefit) expense | (2509) | 570 | (197) | (7637) |
| Net income (loss) | 2202 | (2434) | (811) | (30297) |
| Income (loss) per common share |  |  |  |  |
| &nbsp;&nbsp;Basic and Diluted | $0.30 | $(0.33) | $(0.11) | $(4.15) |
| Weighted-average common shares outstanding |  |  |  |  |
| &nbsp;&nbsp;Basic and Diluted | 7415 | 7355 | 7393 | 7293 |
| Comprehensive income (loss), net of tax |  |  |  |  |
| &nbsp;&nbsp;Net income (loss) | $2202 | $(2434) | $(811) | $(30297) |
| Adjustment to pension liabilities, net of tax | (1296) | 2647 | (1014) | 32273 |
| Foreign currency translation adjustments | (197) | 165 | (369) | (1780) |
| &nbsp;&nbsp;Total other comprehensive (loss) income, net of tax | (1493) | 2812 | (1383) | 30493 |
| Comprehensive income (loss) | $709 | $378 | $(2194) | $196 |

---

------

Exhibit 99.1

**Harte Hanks, Inc.**

**Condensed Consolidated Balance Sheets (Unaudited)** 

---

| | | |
|:---|:---|:---|
| *In thousands* | December 31, 2025 | December 31, 2024 |
| ASSETS |  |  |
| Current assets |  |  |
| &nbsp;&nbsp;Cash and cash equivalents and restricted cash | $5587 | $9934 |
| &nbsp;&nbsp;Accounts receivable | 27841 | 31648 |
| &nbsp;&nbsp;Contract assets and unbilled accounts receivable | 7049 | 8215 |
| &nbsp;&nbsp;Prepaid expenses | 2363 | 1511 |
| &nbsp;&nbsp;Prepaid income tax and income tax receivable | 1431 | 938 |
| &nbsp;&nbsp;Other current assets | 2046 | 1368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 46317 | 53614 |
| Net property, plant and equipment | 8386 | 8956 |
| Right-of-use assets | 19854 | 22460 |
| Other assets | 17269 | 16752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $91826 | $101782 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |
| Current liabilities |  |  |
| &nbsp;&nbsp;Accounts payable | $13096 | $13429 |
| &nbsp;&nbsp;Accrued payroll and related expenses | 2749 | 3210 |
| &nbsp;&nbsp;Deferred revenue and customer advances | 813 | 1589 |
| &nbsp;&nbsp;Customer postage and program deposits | 868 | 1625 |
| &nbsp;&nbsp;Other current liabilities | 3180 | 3145 |
| &nbsp;&nbsp;Short-term lease liabilities | 3543 | 3736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 24249 | 26734 |
| Pension liabilities - Qualified plans | 4106 | 5445 |
| Pension liabilities - Nonqualified plan | 16995 | 17103 |
| Long-term lease liabilities | 18861 | 20860 |
| Other long-term liabilities | 1174 | 1548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 65385 | 71690 |
| Stockholders' equity |  |  |
| &nbsp;&nbsp;Common stock | 12221 | 12221 |
| &nbsp;&nbsp;Additional paid-in capital | 109558 | 124194 |
| &nbsp;&nbsp;Retained earnings | 813812 | 814623 |
| &nbsp;&nbsp;Less treasury stock | (900085) | (915752) |
| &nbsp;&nbsp;Accumulated other comprehensive loss | (14980) | (13597) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 20526 | 21689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $85911 | $93379 |

---

------

Exhibit 99.1

**Harte Hanks, Inc.**

**Reconciliations of Non-GAAP Financial Measures (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Three Months Ended December 31, | Three Months Ended December 31, | Year Ended December 31, | Year Ended December 31, |
| In thousands, except per share data | 2025 | 2024 | 2025 | 2024 |
| Net income (loss) | $2202 | $(2434) | (811) | $(30297) |
| Income tax (benefit) expense | (2509) | 570 | (197) | (7637) |
| Other expenses, net | 190 | 311 | 1394 | 40027 |
| Depreciation and amortization expense | 1126 | 1278 | 4472 | 4385 |
| &nbsp;&nbsp;EBITDA | $1009 | $(275) | $4858 | $6478 |
| Stock-based compensation | (63) | 277 | 258 | 1931 |
| Severance |  |  |  | 8 |
| Restructuring expense | 257 | 286 | 1782 | 2402 |
| Goodwill impairment charge |  | 1631 |  | 1631 |
| Intangible assets impairment charge |  | 1537 |  | 1537 |
| &nbsp;&nbsp;Adjusted EBITDA | $1203 | $3456 | $6898 | $13987 |
| Operating (loss) income | $(117) | $(1553) | $386 | $2093 |
| Stock-based compensation | (63) | 277 | 258 | 1931 |
| Goodwill impairment charge |  | 1631 |  | 1631 |
| Intangible assets impairment charge |  | 1537 |  | 1537 |
| Severance |  |  |  | 8 |
| Restructuring expense | 257 | 286 | 1782 | 2402 |
| &nbsp;&nbsp;Adjusted operating income | $77 | $2178 | $2426 | $9602 |
| &nbsp;&nbsp;Adjusted operating margin <sup>(a)</sup> | 0.2% | 4.6% | 1.5% | 5.2% |
| &nbsp;&nbsp;<sup>(a)</sup>Adjusted Operating Margin equals Adjusted Operating Income divided by Revenues. | &nbsp;&nbsp;<sup>(a)</sup>Adjusted Operating Margin equals Adjusted Operating Income divided by Revenues. | &nbsp;&nbsp;<sup>(a)</sup>Adjusted Operating Margin equals Adjusted Operating Income divided by Revenues. | &nbsp;&nbsp;<sup>(a)</sup>Adjusted Operating Margin equals Adjusted Operating Income divided by Revenues. | &nbsp;&nbsp;<sup>(a)</sup>Adjusted Operating Margin equals Adjusted Operating Income divided by Revenues. |

---

------

Exhibit 99.1

**Harte Hanks, Inc.**

**Statement of Operations by Segments (Unaudited)** 

*In thousands*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Year ended December 31, 2025** | **Revenue Solutions** | **Customer Care** | **Fulfillment & Logistics** | **Restructuring Expense** | **Unallocated Corporate** | **Total** |
| Revenues | $35128 | $50067 | $74375 | $— | $— | $159570 |
| Segment labor expense | 18058 | 32567 | 19445 |  | 10753 | 80823 |
| Other segment operating expense | 8868 | 8218 | 45268 |  | 9753 | 72107 |
| Restructuring expense |  |  |  | 1782 |  | 1782 |
| Contribution margin | $8202 | $9282 | $9662 | $(1782) | $(20506) | $4858 |
| Overhead Allocation | 2618 | 3037 | 3111 |  | (8766) |  |
| EBITDA (unaudited) | $5584 | $6245 | $6551 | $(1782) | $(11740) | $4858 |
| Depreciation and amortization expense | 797 | 266 | 2214 |  | 1195 | 4472 |
| Operating income (loss) | $4787 | $5979 | $4337 | $(1782) | $(12935) | $386 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Year ended December 31, 2024** | **Revenue Solutions** | **Customer Care** | **Fulfillment & Logistics** | **Restructuring Expense** | **Unallocated Corporate** | **Total** |
| Revenues | $50332 | $52918 | $81992 | $— | $— | $185242 |
| Segment labor expense | 26440 | 34175 | 20263 |  | 12891 | 93769 |
| Other segment operating expense | 11468 | 6260 | 52770 |  | 8927 | 79425 |
| Restructuring expense |  |  |  | 2402 |  | 2402 |
| Contribution margin | $12424 | $12483 | $8959 | $(2402) | $(21818) | $9646 |
| Overhead allocation | 4074 | 2355 | 3198 |  | (9627) |  |
| Goodwill and intangible assets impairment charges | 3168 |  |  |  |  | 3168 |
| EBITDA (unaudited) | $5182 | $10128 | $5761 | $(2402) | $(12191) | $6478 |
| Depreciation and amortization expense | 1459 | 207 | 1256 |  | 1463 | 4385 |
| Operating income (loss) | $3723 | $9921 | $4505 | $(2402) | $(13654) | $2093 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Three months ended December 31, 2025** | **Revenue Solutions** | **Customer Care** | **Fulfillment & Logistics** | **Restructuring Expense** | **Unallocated Corporate** | **Total** |
| Revenues | $8859 | $13667 | $17332 | $— | $— | $39858 |
| Segment labor expense | 4588 | 9318 | 4791 |  | 2500 | 21197 |
| Other segment operating expense | 2256 | 2138 | 10718 |  | 2283 | 17395 |
| Restructuring expense |  |  |  | 257 |  | 257 |
| Contribution margin | $2015 | $2211 | $1823 | $(257) | $(4783) | $1009 |
| Overhead Allocation | 622 | 727 | 736 |  | (2085) |  |
| EBITDA (unaudited) | $1393 | $1484 | $1087 | $(257) | $(2698) | $1009 |
| Depreciation and amortization expense | 140 | 106 | 539 |  | 341 | 1126 |
| Operating income (loss) | $1253 | $1378 | $548 | $(257) | $(3039) | $(117) |

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Three months ended December 31, 2024** | **Revenue Solutions** | **Customer Care** | **Fulfillment & Logistics** | **Restructuring Expense** | **Unallocated Corporate** | **Total** |
| Revenues | $11342 | $15024 | $20763 | $— | $— | $47129 |
| Segment labor expense | 5660 | 9628 | 5351 |  | 2787 | 23426 |
| Other segment operating expense | 3002 | 1951 | 13334 |  | 2237 | 20524 |
| Restructuring expense |  |  |  | 286 |  | 286 |
| Contribution margin | $2680 | $3445 | $2078 | $(286) | $(5024) | $2893 |
| Overhead Allocation | 1033 | 594 | 795 |  | (2422) |  |
| Goodwill and intangible assets impairment charges | 3168 |  |  |  |  | 3168 |
| EBITDA (unaudited) | $(1521) | $2851 | $1283 | $(286) | $(2602) | $(275) |
| Depreciation and amortization expense | 362 | 47 | 499 |  | 370 | 1278 |
| Operating (loss) income | $(1883) | $2804 | $784 | $(286) | $(2972) | $(1553) |

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