Welcome to our dedicated page for Hill Intl news (Ticker: HIL), a resource for investors and traders seeking the latest updates and insights on Hill Intl stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hill Intl's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hill Intl's position in the market.
Hill International (NYSE:HIL) has been awarded a project management and inspection contract by the Texas A&M University System (TAMUS) for the Texas A&M Innovation Plaza in Houston. This $546 million expansion includes two major projects: a $145 million renovation of an 18-story building for the Health Science Center, and a $401 million P3 project for new housing and medical facilities. The first phase is set for June 2022 completion, with the second phase targeting January 2024. Hill's CEO highlighted the significant benefits these projects will provide to Houston’s medical community.
Hill International (NYSE:HIL) has announced a contract extension for its ongoing technical assistance services to the European Investment Bank (EIB) related to the Infrastructure Project Facility 7 (IPF7) in the Western Balkans, now with a budget exceeding €34.5 million. The contract allows for a total of 27 subprojects, focusing on crucial sectors such as transportation, energy, and social services across several Balkan countries. CEO Raouf Ghali emphasizes the importance of collaboration with a qualified consortium to ensure successful project implementation.
Hill International reported its Q1 2020 results, revealing a net loss of $6.6 million, primarily due to unrealized foreign exchange losses and leasehold improvements write-off. Consulting fee revenue decreased to $77.2 million from $79.0 million a year ago. The company achieved an adjusted EBITDA of $3.2 million, a 36.9% increase year-over-year. Due to uncertainties from the COVID-19 pandemic, Hill has rescinded its 2020 consulting fee revenue guidance, originally set at $330.0 million to $350.0 million.
Hill International (NYSE:HIL) has secured a $40 million contract for construction administration services at the Osborn Correctional Facility, aimed at upgrading energy efficiency and enhancing security. The Design-Bid-Build project will involve comprehensive oversight from pre-construction to close-out, with a focus on effective project management, including cost estimating and construction monitoring. Hill's experience in managing correctional facility projects positions it well to meet the Connecticut Department of Administration's needs, ensuring timely decision-making and issue resolution.
Summary not available.
Summary not available.