Hill International (HIL) Misses Q2 EPS by 6c

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Hill International Reports Second Quarter and First Half 2016 Financial Results

August 3, 2016 4:10 PM EDT

PHILADELPHIA, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Hill International (NYSE: HIL), the global leader in managing construction risk, announced today its financial results for the second quarter and first half ended June 30, 2016 (see attached tables).

Total revenue for the second quarter of 2016 was $175.6 million, a decrease of 3.3% from the second quarter of 2015.  Consulting fee revenue for the second quarter was $152.6 million, a decrease of 4.5% from last years second quarter.  The lower revenue was driven principally by Hills Middle East project management operation, where consulting fee revenue declined by $8.6 million, or 14.1%,... More