Heidrick & Struggles Announces First Quarter 2020 Results
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Heidrick & Struggles (HSII) Misses Q1 EPS by 5c, Revenues Miss
April 27, 2020 4:06 PM EDTHeidrick & Struggles (NASDAQ: HSII) reported Q1 EPS of $0.44, $0.05 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $174.85 million versus the consensus estimate of $168.56 million.
First Quarter Highlights:
Net revenue of $171.5 million was in-line with record year-ago results of $171.6 millionOperating income grew 10.7% to $18.2 million compared to $16.4 million in 2019Adjusted EBITDA grew 14.6% over prior year period to $23.6 millionOperating margin expanded 100 basis points to... More