Harte-Hanks reports reduced revenue for second quarter

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San Antonio—Direct marketing company Harte Hanks Thursday reported second-quarter diluted earnings per share of $0.29 on revenue of $274.8 million, compared with $0.31 on $290.1 million in revenue in the year-earlier period. Net income for the quarter declined 20.4% to $18.2 million.

“While our second-quarter 2008 results as a company lagged behind our prior year’s performance, we did see some positive signs in our performance,” Harte Hanks CEO Dean Blythe said in a statement. “Direct marketing continued to grow revenue in the mid-single digits in an increasingly difficult environment and delivered positive leverage and improved margin at the bottom line on a year-over-year basis.”

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