LONDON, May 6, 2024 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, added a partner and principal to its Executive Search business and a principal in the Heidrick Consulting business in Europe and Israel in February and March 2024.    Dafna Alexander joined the Tel Aviv office as a partner in the Global Technology & Services Practice, bringing more than 25 years of experience in executive search and in managing human resou ...

CHICAGO, April 22, 2024 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII) today announced it will hold its quarterly conference call to discuss 2024 first quarter financial results on Monday, May 6, 2024, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com.  To listen by phone dial +1-800-715-9871 or +1-646-307-1963, conference ID: 4805686.   The webcast will be ava ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 0-25837 HEIDRICK & STRUGGLES INTERNATIONAL, INC. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 36-268126 ...

Cautionary Statement Regarding Forward-Looking Information Non-GAAP Financial Measures & Currency Presentation Reconciliations of these non-GAAP financial measures with the most directly comparable measures calculated and presented in accordance with GAAP are provided in the appendix. All currency amounts presented in millions except for earnings per share data. Our Purpose & Vision • We help our clients change the world, one leadership team at a time. TM • Executive Search • Leadership Fourth Quarter 2023 ...

Financial Data and Key Metrics Changes - The company achieved over $1 billion in revenue for the year, with net revenue for Q4 2023 at over $253 million, a 7% increase year-over-year [28][49] - Adjusted EBITDA for Q4 was $35.8 million, a 37.9% improvement from $25.9 million in Q4 2022, resulting in a double-digit adjusted EBITDA margin of 14.1% [53][70] - Adjusted diluted EPS for the quarter was $0.72, down from $0.78 in the same quarter last year, primarily due to a higher tax rate [70] Business Line Data and Key Metrics Changes - Executive Search revenue decreased by 4.5% year-over-year to $184 million, with confirmations up 4% [54][37] - On-Demand Talent recorded revenue of $41.1 million, an increase of 83.7% compared to Q4 2022, achieving positive adjusted EBITDA of $0.8 million [59][55] - Heidrick Consulting's revenue grew by 35.8% year-over-year to $28.1 million, benefiting from both organic growth and the acquisition of B4Z [60][44] Market Data and Key Metrics Changes - The company noted a stabilization in demand, particularly for CEO and CHRO roles, with growth in confirmations across all practice groups [37][38] - The company is seeing growth in sectors such as life sciences and consumer practices, while banking and professional services are experiencing slowdowns [40][114] - The company highlighted a strong demand for interim executives, particularly in the CFO office, reflecting changing executive skill needs [42][40] Company Strategy and Development Direction - The company is focused on diversifying its solutions while scaling its search business, with non-search business contributing 24% of total revenue, up from 9% in 2018 [31][56] - The establishment of separate CEO and President roles aims to enhance focus on executing across businesses and expanding capabilities [11][10] - The company is optimistic about future growth, citing improving economic indicators and strong client engagement [36][33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a potential return to a growth mindset in the second half of 2024, driven by improving economic conditions and client demand [34][33] - The company is preparing for continued challenges but is encouraged by resilience in the economic outlook and client interest in leadership advisory services [36][33] - Management emphasized the importance of leadership as a performance lever and the need for companies to treat their leadership pipeline as a strategic asset [6][6] Other Important Information - The company announced the planned retirement of President and CEO Krishnan Rajagopalan, with Tom Monahan set to take over the role [10][12] - The company has made significant strides in its digital offerings, with the Heidrick Navigator platform gaining traction among clients [45][4] - The company is committed to maintaining margin discipline while investing in growth opportunities [65][74] Q&A Session Summary Question: What is the outlook for the demand environment? - Management noted that while growth does not feel like 2021, there is no significant contraction, and clients are beginning to focus on transformation [80] - There are large forces such as AI and sustainability driving companies to rethink management and business models, which could fuel growth [81] Question: Can you comment on the sustainability of Heidrick Consulting's recent revenue growth? - Management indicated that the growth is supported by both organic growth and the integration of recent acquisitions, with a strong pipeline for future projects [92][94] Question: What is the status of the Heidrick Navigator and digital pipeline? - The company has signed a significant client for the Heidrick Navigator platform and is optimistic about ongoing discussions with other potential clients [102][95] Question: What are the expectations for G&A expenses in 2024? - Management expects G&A to rise by about 5% in 2024, with a target of maintaining it around 15-16% of revenue in the long term [103][102] Question: Which industry verticals are showing the most optimistic trends? - Management highlighted continued momentum in industrial and technology sectors, with signs of recovery in big tech and episodic hiring in financial services [106][114]

Cautionary Statement Regarding Forward-Looking Information 2 N O N - G A A P F I N A N C I A L M E A S U R E S Reconciliations of these non-GAAP financial measures with the most directly comparable measures calculated and presented in accordance with GAAP are provided in the appendix. C U R R E N C Y P R E S E N T A T I O N All currency amounts presented in thousands except for earnings per share data. Our Purpose & Vision • We help our clients change the world, one leadership team at a time.TM I N T E G R ...

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 SEPTEMBER 30, 2023 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ 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) (State or Other Jur ...

Cautionary Statement Regarding Forward-Looking Information 2 N O N - G A A P F I N A N C I A L M E A S U R E S To supplement the financial results presented in accordance with generally accepted accounting principles in the United States ("GAAP"), Heidrick & Struggles presents certain non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts different than the most directly comparable measure calculate ...

Heidrick & Struggles International, Inc. (NASDAQ:HSII) Q2 2023 Earnings Conference Call July 31, 2023 5:00 PM ET Company Participants Suzanne Rosenberg - Vice President, Investor Relations Krishnan Rajagopalan - President and CEO Mark Harris - Chief Financial Officer Conference Call Participants Kevin Steinke - Barrington Research Jack Wilson - Truist Securities Operator Please standby, we are about to begin. Good afternoon, ladies and gentlemen. Welcome to the Heidrick & Struggles Q2 2023 Earnings Conferen ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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, 2023 For the transition period from _______ to _______ Commission File Number: 0-25837 HEIDRICK & STRUGGLES INTERNATIONAL, INC. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdic ...