Heidrick & Struggles International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 25, 2023 at 04:01 pm EDT
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Heidrick & Struggles International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 263.16 million compared to USD 255.19 million a year ago. Revenue was USD 267.9 million compared to USD 258.27 million a year ago. Net income was USD 14.99 million compared to USD 20.83 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 1.05 a year ago. Diluted earnings per share from continuing operations was USD 0.73 compared to USD 1.02 a year ago.
For the nine months, sales was USD 773.7 million compared to USD 837.75 million a year ago. Revenue was USD 783.79 million compared to USD 844.92 million a year ago. Net income was USD 39.56 million compared to USD 63.44 million a year ago. Basic earnings per share from continuing operations was USD 1.98 compared to USD 3.22 a year ago. Diluted earnings per share from continuing operations was USD 1.91 compared to USD 3.09 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.