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Heidrick & Struggles International, Inc. reported strong first quarter 2024 results with a quarterly revenue of $265 million, an 11% year-over-year growth, and a diluted EPS of $0.67. The company declared a $0.15 per share cash dividend. Despite the acquisition of Atreus and businessfourzero, consolidated net revenue was $265.2 million, up 11% from the previous year. Adjusted EBITDA was $25.9 million, with a margin of 9.8%. Net income was $14.0 million. CEO Tom Monahan highlighted double-digit revenue growth and solid margin performance. The company aims to leverage its assets to create more value for clients, people, and shareholders.
Heidrick & Struggles, a global leadership advisory firm, expanded its team by adding a partner and a consultant in the Americas. Stacy Hostetler joined as a partner in the Healthcare & Life Sciences Practice, focusing on medical devices and digital health. Adam Rubin joined as a consultant in the Purpose-Driven Change practice, focusing on integrating purpose, strategy, and culture. Both appointments bring extensive industry experience to provide innovative talent solutions and drive organizational impact.