Hill International (HIL) Posts Q3 Loss of 13c/Share; Updates FY16 Outlook
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November 14, 2016 4:50 PM EST
PHILADELPHIA, Nov. 14, 2016 (GLOBE NEWSWIRE) -- Hill International (NYSE: HIL), the global leader in managing construction risk, announced today its financial results for the third quarter and first nine months ended September 30, 2016 (see attached tables).
Total revenue for the third quarter of 2016 was $168.0 million, a decrease of 6.1% from the third quarter of 2015. Consulting fee revenue for the third quarter was $148.0 million, down 6.7% from last years third quarter. Lower consulting fees were primarily due to declines of $11.4 million, or 19.3%, in the Middle East project management operation and $2.2 million, or 31.9%, in the Latin... More
November 11, 2016 8:55 AM EST
PHILADELPHIA, Nov. 11, 2016 (GLOBE NEWSWIRE) -- Hill International (NYSE: HIL), the global leader in managing construction risk, announced today that it will release its financial results for the third quarter and first nine months ended September 30, 2016 on Monday, November 14, 2016, after the close of the stock market. David L. Richter, Hill's Chief Executive Officer, and John Fanelli III, Hill's Executive Vice President and Chief Financial... More
