Heidrick & Struggles (HSII) Tops Q2 EPS by 29c
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Heidrick & Struggles Continues to Deliver Record Results
July 26, 2021 4:01 PM EDTCHICAGO, July 26, 2021 /PRNewswire/ --Â Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles" or the "Company"), today announced financial results for its second quarter ended June 30, 2021.
Second Quarter Highlights:
Record net revenue (revenue before reimbursements) of $260.0 million increased $114.4 million, or 78.6%, from the 2020 second quarter and grew $66.3 million, or 34.2%, from the 2021 first quarter. Operating income of $28.7 million includes an anticipated restructuring charge of $3.2 million. Adjusted operating income more than tripled to $31.9 million with adjusted operating margin up 610 basis points to 12.3%. Net income of $20.8 million... More