Heidrick & Struggles, Inc. (HSII) Misses Q1 EPS by 10c

Heidrick & Struggles, Inc. (NASDAQ: HSII) reported Q1 EPS of ($0.04), $0.10 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $111.1 million versus the consensus estimate of $113.43 million.

Adjusted EBITDA in the 2014 first quarter was $6.0 million and Adjusted EBITDA margin was 5.4 percent, compared to Adjusted EBITDA of $6.6 million and Adjusted EBITDA margin of 6.5 percent in the 2013 first quarter. The year-over-year decline mostly reflects the increase in general and administrative expenses.

Heidrick & Struggles, Inc. sees FY2014 revenue of $120-130 million, versus the consensus of $119.69 million.

For earnings history and earnings-related data on Heidrick & Struggles, Inc. (HSII) click here.

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