Heidrick & Struggles International

Heidrick & Struggles International, Inc. engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business. The company was founded by Gardner Heidrick and John Struggles in 1953 and is headquartered in Chicago, IL.

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Earnings data Q3 2024

Earnings data Q4 2024

Heidrick & Struggles International surpasses $1B revenue, eyes growth opportunities

Heidrick & Struggles International (HSII) delivered strong financial performance in Q4 2022, surpassing $1 billion in annual net revenue and exceeding earnings expectations. The company is strategically focused on diversification, digital innovation, and capitalizing on market opportunities. Challenges include managing revenue fluctuations and margin considerations amidst evolving business cycles.

Heidrick & Struggles reports solid Q1 performance amidst macro challenges

Heidrick & Struggles navigated macro challenges, highlighted strong financials, and emphasized growth through acquisitions and diversification. Management optimistic about future opportunities and shareholder value.

Heidrick & Struggles reports robust Q2 results amid market challenges

Heidrick & Struggles delivered strong Q2 results, showcasing growth across all segments and positive impact from recent acquisitions.
The company faces challenges in reshaping segments and improving productivity but is well-positioned to leverage opportunities in the market.
With a focus on talent acquisition, leadership effectiveness, and digital investments, Heidrick & Struggles is poised for continued success.

Heidrick & Struggles reports Q3 growth, eyes digital innovation for future

Heidrick & Struggles International delivered solid financial performance with revenue growth and margin consistency.
The company's strategic focus on talent acquisition, digital innovation, and operational resilience positions it well for future success.
Despite challenges from CEO turnovers and macro uncertainty, Heidrick & Struggles remains optimistic about growth opportunities and market demand.

Heidrick & Struggles reports robust financial performance and growth opportunities

Heidrick & Struggles showcased strong financial performance, emphasized growth and diversification, and highlighted optimism for the economic outlook. The company aims to leverage global excellence in search and leadership solutions while navigating challenges in CEO turnover and budgeting.

Heidrick & Struggles posts strong Q1 results, eyes growth opportunities

Heidrick & Struggles International demonstrated resilience and growth in Q1, focusing on exceptional leadership, client value transformation, and digital innovation. Despite challenges in expenses and tax rates, the company remains well-positioned with strong financials and a clear strategic direction. With opportunities in demand signals and market messaging, Heidrick & Struggles aims to drive further growth and impact.

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Heidrick & Struggles (HSII) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.90 per share a year ago.

Heidrick & Struggles (HSII) Q1 Earnings Beat Estimates

Completes Acquisitions of Atreus and businessfourzero; Augments Diversification Strategy Maintains Strong Profitability Despite Macroeconomic Headwinds Declares $0.15 Per Share Cash Dividend CHICAGO , April 24, 2023 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles", "Heidrick" or the "Company") announced financial results for its first quarter ended March 31, 2023. First Quarter Highlights: Net revenue of $239.3 million; on a constant currency basis net revenue was $244.8 million Operating income of $17.8 million and operating margin of 7.4% Adjusted EBITDA (adjusted to exclude acquisition accounting and deferred compensation expense) of $27.5 million with Adjusted EBITDA margin of 11.5% Net income of $15.6 million and diluted earnings per share of $0.76 Completed acquisition of businessfourzero on April 1, 2023 "As we anticipated, we saw a slowdown in first quarter revenue from a year ago and adjusted our costs accordingly, as demonstrated by our Adjusted EBITDA margin of nearly 12%.

Heidrick & Struggles Reports First Quarter 2023 Results

CHICAGO , April 24, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, added one partner and one principal to its executive search business and one principal to its Heidrick Consulting business in the Americas. Steven Baumruk joined Heidrick & Struggles as a partner in the Miami office.

Heidrick & Struggles Adds Three Consultants in the Americas

Heidrick & Struggles (HSII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Heidrick & Struggles (HSII) Q1 Earnings Expected to Decline

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Stocks like Kforce Inc. (KFRC), ManpowerGroup Inc. (MAN), HireQuest, Inc. (HQI) and Heidrick & Struggles International, Inc. (HSII) are likely to benefit from robust job additions to the U.S. economy.

4 Staffing Stocks to Watch in a Resilient Labor Market

CHICAGO , April 10, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII) today announced it will hold its quarterly conference call to discuss 2023 first quarter financial results on Monday, April 24, 2023, at 5:00pm ET.

HEIDRICK & STRUGGLES TO RELEASE 2023 FIRST QUARTER RESULTS

116% increase in interim demand signifies extent of business leadership gap, with most acute need in the office of the Chief Financial Officer CHICAGO , April 5, 2023 /PRNewswire/ -- Despite slow, sometimes halted, hiring and frequent budget tightening amid global economic uncertainty, an acute need remains for high-end independent talent—also known as on-demand talent—with skills to pivot adeptly in today's increasingly competitive business environment. In its sixth annual High-End Independent Talent Report, Business Talent Group (BTG), a Heidrick & Struggles (Nasdaq: HSII) company and the leading talent marketplace for independent management consultants, interim executives, subject matter experts, and project managers, reported a strong rise in demand for interim leadership.

Organizations Face Heightened Need for Interim Leadership, Reveals Business Talent Group's High-End Independent Talent Report

Acquisition deepens the firm's suite of culture and organization solutions Brings specialized capabilities in developing and implementing purpose-driven strategies to companies undergoing major business transformations CHICAGO , March 21, 2023 /PRNewswire/ -- Heidrick & Struggles ("the Company") (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced it has entered into an agreement to acquire businessfourzero, a London-headquartered consultancy specializing in developing and implementing purpose-driven change. This acquisition will not only deepen Heidrick & Struggles' existing set of leadership advisory and industry-leading culture and organization solutions, but also accelerate the Company's ability to help clients drive successful business transformations by linking purpose and strategy to leadership and culture.

Heidrick & Struggles to Acquire Leading Purpose, Culture and Change Consultancy, businessfourzero

Heidrick & Struggles has shown consistent growth in its revenues and operating margins. With its recent diversification into On-Demand talent services and HR consulting services, it should decrease its susceptibility to economic cyclicality.

Heidrick & Struggles International: Opportune Time To Buy

Stocks like HireQuest, Inc. (HQI), Kforce Inc. (KFRC), Heidrick & Struggles International, Inc. (HSII) and ManpowerGroup Inc. (MAN) are likely to benefit on robust job additions to the U.S. economy.

4 Staffing Stocks to Watch on Solid February Job Additions

CHICAGO , March 14, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII) today announced that Chief Financial Officer Mark Harris will participate virtually in investor meetings on Wednesday, March 22, 2023 and host a presentation at the Sidoti Virtual Investor Conference on Thursday, March 23, 2023. The presentation is scheduled from 10:45 a.m.

HEIDRICK & STRUGGLES TO PRESENT AT SIDOTI VIRTUAL INVESTOR CONFERENCE

CHICAGO , March 13, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, is pleased to announce that Elizabeth Linhart has joined the Dallas office as a Principal and Member of the Industrial Practice. Elizabeth brings experience in identifying emerging leaders and talented professionals for industrial clients, including the oil and gas sector.

Heidrick & Struggles Adds Executive Search Consultant in the Americas

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ASBFY, PLYA, HSII, GIB and AMP have been added to the Zacks Rank #1 (Strong Buy) List on March 3, 2023.

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Heidrick & Struggles (HSII) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Heidrick & Struggles (HSII) Might be Well Poised for a Surge

Promotions span 22 cities across 14 countries as the firm further advances its commitment to professional development and culture against landscape of an ever-changing marketplace CHICAGO , Feb. 28, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, announced promotions of 19 Partners, 29 Principals, and one Senior Client Principal in its Executive Search and Heidrick Consulting businesses globally. "Heidrick & Struggles is proud to cultivate leaders within our firm, and we are deeply committed to developing our teams and creating an unrivalled culture for top-performing talent," said President and CEO Krishnan Rajagopalan.

Heidrick & Struggles Announces Promotions of Partners, Principals, and Senior Client Principal across Executive Search and Heidrick Consulting Business

Heidrick & Struggles International, Inc. (NASDAQ:HSII ) Q4 2022 Earnings Conference Call February 27, 2023 5:00 PM ET Company Representatives Krishnan Rajagopalan - President, Chief Executive Officer Mark Harris - Chief Financial Officer Suzanne Rosenberg - Vice President of Investor Relations Conference Call Participants Kevin Steinke - Barrington Research Marc Riddick - Sidoti Tobey Sommer - Truist Securities Operator Good day, everyone. My name is [inaudible].

Heidrick & Struggles International, Inc. (HSII) Q4 2022Earnings Call Transcript

2022 Annual Net Revenue Surpasses 2021 Billion Dollar Milestone by 7% Recent Atreus Acquisition Significantly Expands On-Demand Talent Business in Europe CHICAGO , Feb. 27, 2023 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles", "Heidrick" or the "Company") announced financial results for its fourth quarter ended December 31, 2022. Fourth Quarter Highlights: Net revenue of $235.7 million; on a constant currency basis net revenue was $243.9 million Operating income and Adjusted EBITDA of $19.8 million and $30.9 million, respectively; operating margin was 8.4% and Adjusted EBITDA margin was 13.1% Net income of $16.0 million and diluted earnings per share of $0.78 Declared fourth quarter dividend of $0.15 per share Acquired Atreus, a leading German on-demand talent business, on February 1, 2023; expands diversification strategy embarked upon in 2021 with the acquisition of BTG in the U.S. "We are pleased with the financial, operational, and strategic progress achieved during fiscal 2022 as we reported record net revenue on top of the historic billion-dollar milestone we achieved last year," stated Heidrick & Struggles' President and Chief Executive Officer, Krishnan Rajagopalan.

Heidrick & Struggles Reports Fourth Quarter and 2022 Results

Heidrick & Struggles is performing well during the macro headwinds in 2022. HSII employs a capital-light approach to operate its business with greater agility.

Heidrick & Struggles Is A High-Quality Company That Could Deliver High Returns

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BOGOTA, Colombia , Feb. 14, 2023 /PRNewswire/ --  Heidrick & Struggles  (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, added four consultants to its Executive Search business in the Americas in January 2023. These new consultants join the firm following a December 2022 investment in Latin America, which services clients in Ecuador, Panama, and Central America.

Heidrick & Struggles Adds Four Consultants in New Latin America Office

CHICAGO , Feb. 13, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII) today announced it will hold its quarterly conference call to discuss fourth quarter and full year 2022 financial results on Monday, February 27, 2023, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com.

HEIDRICK & STRUGGLES TO RELEASE FOURTH QUARTER AND 2022 RESULTS

Transaction advances long-term growth and diversification strategy to capture accelerating global opportunities in the on-demand talent market CHICAGO, Feb. 1, 2023 /PRNewswire/ -- Heidrick & Struggles ("the Company") (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced it has closed the acquisition of Atreus, one of the leading providers of executive interim management in Germany. Together, Atreus and Heidrick & Struggles' wholly owned, U.S.-based Business Talent Group (BTG), which was acquired in 2021, constitute the Company's On-Demand Talent segment and build on its market leading position in this space.

Heidrick & Struggles Closes Acquisition of Atreus in Germany, Expanding its On-Demand Talent Footprint

Firm Opens Bogota office to support clients in Colombia, Ecuador, Panama, and Central America BOGOTA, Colombia , Jan. 6, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced the opening of an office in Colombia to support enhanced operations in the region. The new office, located in Bogotá, will be led by Roberto Hall and supported by four key consultants with a wide range of expertise across all of the firm's existing sectors.

Heidrick & Struggles Announces Investment in Latin America to Enhance Executive Search and Leadership Consulting Services in the Region

Carlos Vázquez  Appointment Signals Strategic Expansion in Latin America CHICAGO , Dec. 9, 2022 /PRNewswire/ -- Heidrick & Struggles  (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced Carlos Vázquez as the new partner in charge of the Mexico City office. The appointment of Vázquez, a veteran executive recruiter who previously served as head of Mexico at another leading global executive search firm, signals Heidrick & Struggles' intention to continue to expand strategically in Latin America.

Heidrick & Struggles Announces New Leader for Mexico City Office

- Less than 25% of Fortune 100 CEOs are diverse, yet 93% of US leaders consider DE&I to be more important now than ever before.   - 12% of Fortune 100 CEOs are women, 14% are ethnically diverse—a 1% increase from 2021.

Diversity Stagnant Among Fortune 100 Leaders Despite Belief That DE&I Is a Key Contributor to Business Success, Reveals Heidrick & Struggles' Route to the Top 2022 Report

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