Heidrick & Struggles International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 31, 2023 at 04:01 pm EDT
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Heidrick & Struggles International, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 271.23 million compared to USD 298.7 million a year ago. Revenue was USD 273.78 million compared to USD 301.11 million a year ago. Net income was USD 8.98 million compared to USD 24.15 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 1.22 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 1.19 a year ago.
For the six months, sales was USD 510.54 million compared to USD 582.56 million a year ago. Revenue was USD 515.9 million compared to USD 586.65 million a year ago. Net income was USD 24.57 million compared to USD 42.62 million a year ago. Basic earnings per share from continuing operations was USD 1.23 compared to USD 2.17 a year ago. Diluted earnings per share from continuing operations was USD 1.19 compared to USD 2.08 a year ago.
Heidrick & Struggles International, Inc. is an advisory firm providing executive search, consulting and on-demand talent services to businesses and business leaders worldwide. It provides its services to a range of clients through the expertise of over 500 consultants located in cities around the world. Its service offerings include Executive Search, On-Demand Talent and Heidrick Consulting. Executive search firms are generally separated into two categories: retained search and contingency search. Its on-demand services provide clients seamless on-demand access to top independent talent, including professionals with deep industry and functional expertise for interim leadership roles and critical, project-based initiatives. Heidrick Consulting offers its clients impactful approaches to human capital development through a myriad of solutions, ranging from leadership assessment and development, team and organization acceleration, diversity and inclusion advisory services and others.