Heidrick & Struggles (HSII) Misses Q1 EPS by 5c, Revenues Miss

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Go back to Heidrick & Struggles (HSII) Misses Q1 EPS by 5c, Revenues Miss

Heidrick & Struggles Announces First Quarter 2020 Results

April 27, 2020 4:01 PM EDT

CHICAGO, April 27, 2020 /PRNewswire/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII), today announced financial results for its first quarter ended March 31, 2020.

First Quarter Highlights:

Net revenue of $171.5 million was in-line with record year-ago results of $171.6 million Operating income grew 10.7% to $18.2 million compared to $16.4 million in 2019 Adjusted EBITDA grew 14.6% over prior year period to $23.6 million Operating margin expanded 100 basis points to 10.6% compared to 9.6% in last year's first quarter Adjusted EBITDA margin expanded 180 basis points to 13.8% over prior year period General... More