Hill International (HIL) Misses Q3 EPS by 16c

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Go back to Hill International (HIL) Misses Q3 EPS by 16c

Hill International Reports Third Quarter and First Nine Months 2014 Financial Results; Consulting Fees Up 12% and Operating Profit Up 37% for the Quarter

October 30, 2014 4:30 PM EDT

MARLTON, N.J., Oct. 30, 2014 (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, 2014 (see attached tables).

Total revenue for the third quarter of 2014 was a record $161.5 million, an increase of 9.7% from the third quarter of 2013. Consulting fee revenue for the third quarter was a record $145.3 million, an increase of 11.6% from the third quarter of last year.

EBITDA (as defined below) for the third quarter was $13.4 million, up 26.1% from the third quarter of 2013.... More