Heidrick & Struggles Earnings Reports

Heidrick & Struggles delivered a solid fourth quarter, reporting net revenue of $276.2 million, reflecting a 9% year-over-year growth. Adjusted net income increased by 54% to $22.9 million, with adjusted diluted EPS of $1.08. The company saw growth across all business segments, with Executive Search leading at a 10.1% increase. Adjusted EBITDA was $26.1 million, with a margin of 9.5%.

Heidrick & Struggles reported a 5.9% increase in net revenue to $278.6 million in Q3 2024, with growth in On-Demand Talent, Heidrick Consulting, and Executive Search. Adjusted EBITDA was $30.4 million with a margin of 10.9%. Diluted EPS was $0.71.

Heidrick & Struggles reported a strong second quarter with net revenue growing to $278.6 million, driven by all businesses. Adjusted EBITDA was $28.8 million with a margin of 10.3%. The company also implemented restructuring for accelerated growth during the quarter.

Heidrick & Struggles reported Q1 2024 results with a revenue of $265.2 million, an 11% year-over-year increase. The company's diluted EPS was $0.67. Adjusted EBITDA was $25.9 million with a margin of 9.8%.

Heidrick & Struggles reported a 7% increase in net revenue to $253.2 million and a 38% increase in adjusted EBITDA to $35.8 million for the fourth quarter of 2023. The adjusted EBITDA margin improved to 14.1%.

Heidrick & Struggles reported a 3% year-over-year increase in revenue to $263.2 million for Q3 2023. The company's adjusted EBITDA margin remained strong at 12.3%. Growth was seen in On-Demand Talent, Heidrick Consulting, and Executive Search in Europe, which was partially offset by declines in Executive Search in Asia Pacific and the Americas.

Heidrick & Struggles reported second quarter results with a 13% sequential revenue increase, including 10% organic growth. The company's adjusted EBITDA increased 33% sequentially, and integrations of recent acquisitions are progressing smoothly.

Heidrick & Struggles reported a decrease in first quarter revenue compared to the previous year, but maintained strong profitability with an Adjusted EBITDA margin of nearly 12%. The company continued to advance its diversification strategy with the acquisition of businessfourzero and the ongoing integration of Atreus.

Heidrick & Struggles reported Q4 2022 results with a net revenue of $235.7 million. Operating income was $19.8 million, and net income reached $16.0 million, with diluted earnings per share at $0.78. The company's focus on diversifying its business and investing in digital innovation contributed to these results.

Heidrick & Struggles announced record quarterly revenue of $298.7 million, a 14.9% increase year-over-year. Diluted EPS was $1.19, with an adjusted EBITDA margin of 12.3%. The company's cash balance reached a second-quarter high of $336.6 million.

Heidrick & Struggles announced record first quarter 2022 results, with net revenue of $284 million, a 47% increase over the prior year. The company achieved record profitability, driven by strong performance in Executive Search, growth in On-Demand Talent, and the expanding impact of Heidrick Consulting.

Heidrick & Struggles reported a record quarterly net revenue of $285.5 million, a 77% increase year-over-year. The company's operating income grew significantly, with adjusted EBITDA reaching $36.8 million. This performance was fueled by strong growth in Executive Search, Heidrick Consulting, and the addition of On-Demand Talent.

Heidrick & Struggles' Q3 2021 net revenue reached a record $264 million, climbing 84% year-over-year, with net income growing to $24 million and diluted EPS reaching $1.21. The company's outlook guides to record Q4 levels.

Heidrick & Struggles announced record second-quarter results with net revenue of $260 million, a 79% increase year-over-year. The company's performance was driven by strong contributions from all regions and lines of business, including the successful acquisition of Business Talent Group (BTG).

Heidrick & Struggles reported a record first quarter with a double-digit improvement in net revenue both sequentially and year over year, driven by broad-based strength across all businesses and geographies. Adjusted operating margin reached 12.1%, the highest since 2008.

Heidrick & Struggles reported Q4 2020 results with net revenue of $161.0 million, a 12.2% increase from the third quarter. Adjusted diluted earnings per share were $0.59. The company's cash and cash equivalents totaled $336.5 million.

Heidrick & Struggles reported a net revenue of $143.5 million for Q3 2020, compared to $182.2 million in Q3 2019. The company experienced an operating loss of $38.2 million due to a restructuring charge, but adjusted operating income was $9.9 million. Despite the challenges, the company maintains a cash dividend of $0.15 per share and sees strengthening business trends.

Heidrick & Struggles announced second quarter results with net revenue of $145.6 million. The company reported an operating loss of $24.0 million, which included a non-cash impairment charge of $33.0 million. Adjusted EBITDA was $12.4 million with a margin of 8.5%. The company is implementing restructuring plan in 2020 third quarter to optimize future growth and profitability and expects annual cost savings of $30 million to $40 million.

Heidrick & Struggles reported first quarter results with net revenue of $171.5 million, consistent with the prior year. Operating income increased by 10.7% to $18.2 million, and adjusted EBITDA grew by 14.6% to $23.6 million. The company ended the quarter with $322 million in liquidity.

Heidrick & Struggles reported Q4 2019 net revenue of $180.0 million, which was at the high end of their guidance. While this was a decrease of 2.8% compared to Q4 2018, the company highlighted Heidrick Consulting's sequential net revenue growth and their focus on operational efficiencies.