Heidrick & Struggles (HSII) Tops Q4 EPS by 28c

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Go back to Heidrick & Struggles (HSII) Tops Q4 EPS by 28c

Heidrick & Struggles Reports Fourth Quarter and 2020 Results

February 22, 2021 4:01 PM EST

CHICAGO, Feb. 22, 2021 /PRNewswire/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles" or the "Company"), today announced financial results for its fourth quarter and fiscal year ended December 31, 2020.

Fourth Quarter Highlights:

Net revenue of $161.0 million increased 12.2% from 2020 third quarter trough Restructuring charge of $4.3 million included in operating income of $8.5 million and operating margin of 5.3% Adjusted operating income of $12.8 million up sequentially from $9.9 million and adjusted operating margin of 7.9% up 100 basis points sequentially Adjusted EBITDA of $18.4 million up from $15.9 million in the 2020 third quarter... More