Heidrick & Struggles(HSII)

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Heidrick & Struggles (HSII) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-08-06 17:01
Heidrick & Struggles (HSII) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Sinc ...
Heidrick & Struggles (HSII) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-08-04 22:15
Heidrick & Struggles (HSII) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +14.86%. A quarter ago, it was expected that this executive search firm would post earnings of $0.67 per share when it actually produced earnings of $0.67, delivering no surprise.Over the last four quarters, t ...
Heidrick & Struggles(HSII) - 2025 Q2 - Earnings Call Transcript
2025-08-04 22:00
Financial Data and Key Metrics Changes - Q2 2025 revenue reached approximately $317 million, marking a 14% increase compared to Q2 2024 [15] - Adjusted EBITDA improved by $5 million to $34 million, with an adjusted EBITDA margin expanding by 40 basis points to 10.7% [15] - Adjusted net income for the quarter was $18.1 million, with adjusted diluted EPS at $0.85, representing a 27% increase from the previous year [22] Business Line Data and Key Metrics Changes - Executive Search revenue grew 13% to $238 million, with adjusted EBITDA of $54.6 million and an adjusted EBITDA margin of 22.9% [20] - On Demand Talent revenue increased 14% to $48 million, with adjusted EBITDA turning positive at $1 million compared to a loss of $1.6 million in the prior year [21] - Heidrick Consulting saw a 17% revenue increase to $31 million, with adjusted EBITDA of $600,000 [21] Market Data and Key Metrics Changes - Revenue increases were noted across regions: 9% in The Americas, 31% in Europe, and 12% in APAC [19] - Consultant productivity annualized at $2.3 million, up from $2 million in the same quarter last year [20] Company Strategy and Development Direction - The company aims to build differentiated relationships by being the most trusted leadership partner to the C-suite and board [12] - Focus on deepening client relationships through transformation in leadership and embedding solutions in client workflows [13] - Strategic priorities include growing talent base and enhancing productivity through training and technology [10][11] Management's Comments on Operating Environment and Future Outlook - Management highlighted the ongoing demand for leadership talent amid economic and geopolitical uncertainties [4][5] - The company anticipates continued growth in the second half of 2025, despite potential project delays due to macroeconomic factors [24] - Confidence in medium-term targets of mid to high single-digit organic revenue growth and 5-8% organic adjusted EBITDA growth [14] Other Important Information - The company ended Q2 with a strong cash position of $400 million, up from $297 million in June 2024 [23] - Expected Q3 revenue range is $295 million to $315 million, reflecting nearly 10% growth compared to the previous year [23] Q&A Session Summary Question: Insights on hiring plans for the second half of the year - The company is focused on growing its team to capitalize on existing client relationships and white space opportunities [29] - Hiring will be smooth throughout the year, with some costs from first-half hiring impacting the second half [33] Question: Cash usage and prioritization - The company sees strength across its businesses and is focused on organic investments, with potential for acquisitions as hiring discussions progress [40] Question: Third quarter revenue guidance and macroeconomic factors - Guidance reflects typical summer seasonality, with macro uncertainty factored in [44] - Demand remains strong, and client needs can accelerate quickly despite potential delays [49] Question: Executive search productivity and hiring impact - Current productivity is strong, indicating client demand, and hiring is expected to support future growth [52] Question: Regional differences in executive search EBITDA margins - Growth in Europe and Asia is seen as sustainable, while the Americas may experience fluctuations due to bonus structures [66] Question: Customer insights regarding capital markets - The company is observing a complex environment with varying levels of enthusiasm among clients, particularly in capital markets [68] Question: Industry verticals outlook for 2025 - The company sees thematic trends across industries, particularly in AI and leadership restructuring [70] Question: Sustainability of consulting margins - Management is pleased with progress and remains confident in long-term targets for consulting margins [72]
Heidrick & Struggles(HSII) - 2025 Q2 - Earnings Call Presentation
2025-08-04 21:00
Second Quarter 2025 Results August 4, 2025 Cautionary Statement Regarding Forward-Looking Information This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding guidance for the third quarter of 2025. The forward-looking statements are based on current expectations, estimates, forecasts, and projections about the industry in which we operate and management's beliefs and assumptions. Forward-looking statements may be identified by ...
Heidrick & Struggles(HSII) - 2025 Q2 - Quarterly Report
2025-08-04 20:12
Washington D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 0-25837 HEIDRICK & STRUGGLES INTERNATIONAL, INC. (Exact Name of Registrant as Specified in its Charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION (State or Other Jurisdic ...
Heidrick & Struggles(HSII) - 2025 Q2 - Quarterly Results
2025-08-04 20:04
Exhibit 99.1 FOR IMMEDIATE RELEASE Heidrick & Struggles Delivers 14% Revenue Growth in Q2, Driving Strong Profitability Q2 Revenue Exceeds High End of Outlook All Business Segments Contribute to Consolidated Revenue Growth Second Quarter 2025 Financial Highlights: CHICAGO, August 4, 2025 – Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced financial res ...
Heidrick & Struggles Delivers 14% Revenue Growth in Q2, Driving Strong Profitability
Prnewswire· 2025-08-04 20:01
Q2 Revenue Exceeds High End of OutlookAll Business Segments Contribute to Consolidated Revenue GrowthSecond Quarter 2025 Financial Highlights: Net revenue of $317.2 million increased 13.9% year over year Adjusted EBITDA was $33.9 million with adjusted EBITDA margin of 10.7% Adjusted net income was $18.1 million with adjusted diluted earnings per share of $0.85 Q3 2025 revenue outlook between $295 million and $315 million versus $278.6 million in year-ago period The Board of Directors declared a $0.15 per sh ...
Heidrick & Struggles to Release 2025 Second Quarter Results
Prnewswire· 2025-07-21 20:05
Core Insights - Heidrick & Struggles International, Inc. will host its quarterly conference call to discuss the financial results for the second quarter of 2025 on August 4, 2025, at 5:00 PM ET [1] - The conference call will be accessible via live webcast on the company's investor relations website, and a replay will be available approximately two hours after the call [2] - Heidrick & Struggles has over 70 years of experience in providing leadership advisory services, focusing on enhancing client performance through human capital leadership [3]
Heidrick & Struggles: A Well-Growing, Defensive 5.8 EV/EBITDA Pick
Seeking Alpha· 2025-05-20 16:19
Core Insights - The article emphasizes the investment philosophy focused on small cap companies, highlighting the importance of identifying mispriced securities through understanding financial drivers and utilizing DCF model valuation [1]. Group 1 - The investment strategy is not confined to traditional categories such as value, dividend, or growth investing, but rather considers all prospects of a stock to assess risk-to-reward [1].
Heidrick & Struggles to Participate in Needham Technology, Media, & Consumer Conference
Prnewswire· 2025-05-07 20:05
CHICAGO, May 7, 2025 /PRNewswire/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced that Chief Executive Officer Tom Monahan and Chief Financial Officer Nirupam Sinha will participate in the Needham Technology, Media, & Consumer 1x1 Conference on Monday, May 12th, hosting meetings throughout the day.About Heidrick & StrugglesHeidrick & Struggles (Na ...