Welcome to our dedicated page for Heidrick & Struggles Intl news (Ticker: HSII), a resource for investors and traders seeking the latest updates and insights on Heidrick & Struggles Intl stock.
Heidrick & Struggles International Inc (HSII) is a global leadership advisory pioneer specializing in executive search and talent solutions. This news hub provides investors and professionals with essential updates about the company's strategic initiatives, leadership appointments, and market positioning.
Access official press releases covering earnings reports, partnership announcements, and service innovations. Our curated collection helps stakeholders track developments in executive recruitment strategies, leadership consulting methodologies, and global talent trends shaping the human capital sector.
Key updates include board-level changes, regional expansion plans, and recognition of industry leadership. All content undergoes strict verification to ensure compliance with financial disclosure standards while maintaining accessibility for both institutional investors and individual stakeholders.
Bookmark this page for direct access to HSII's latest corporate communications, analyst-relevant updates, and verified market intelligence about leadership advisory services across industries.
Heidrick & Struggles International, Inc. (Nasdaq: HSII) reported first-quarter results for 2023, revealing net revenues of $239.3 million, down from $283.9 million in 2022. The company experienced a 13.7% decrease in revenue, attributed to market slowdowns and foreign exchange fluctuations. Operating income was $17.8 million with a 7.4% margin, compared to 10.7% the previous year. Despite challenges, the company maintained strong profitability, achieving an Adjusted EBITDA of $27.5 million. Significant acquisitions were completed, including businessfourzero, enhancing the Heidrick Consulting segment. A quarterly cash dividend of $0.15 per share was declared. The outlook for Q2 anticipates net revenue of $260 million to $280 million, with caution regarding external economic conditions.
Heidrick & Struggles (Nasdaq: HSII) announced the addition of three new executives to enhance its leadership advisory and consulting services in the Americas. Steven Baumruk joins as a partner in Miami, specializing in Aerospace, Defense & Space sectors. Nicole Balsam, a new principal in New York, focuses on executive placements in Consumer Markets. Kathryn Bardi, another principal in Chicago, brings expertise in DEI practices and organizational development. These appointments aim to strengthen Heidrick's talent solutions amidst the challenging economic landscape, providing clients with the necessary skills to drive performance and growth.
Heidrick & Struggles (Nasdaq: HSII) has scheduled its quarterly conference call for April 24, 2023 at 5:00pm ET to discuss its 2023 first quarter financial results. The call will be accessible via a live webcast on the company's website, with a replay available shortly after the event. Heidrick & Struggles, a leader in global leadership advisory and talent solutions, offers services in executive search, diversity, leadership assessment, and talent management, leveraging over 65 years of industry experience.
The 2023 High-End Independent Talent Report by Business Talent Group reveals a 116% increase in demand for interim leadership year-over-year, highlighting the need for high-end talent amidst economic uncertainty.
Requests for interim roles in the C-suite surged, especially for CFOs (103%) and controllers (233%), indicating a critical skills gap. The report states that companies are turning to on-demand talent to navigate challenges, with a significant 220% year-over-year rise in CEO requests. Additionally, investment in tech transformation has grown by 20% as firms adapt to rapid advancements.
FAQ
What is the current stock price of Heidrick & Struggles Intl (HSII)?
What is the market cap of Heidrick & Struggles Intl (HSII)?
