Heidrick & Struggles Q1 revenue up 11% to $265M; diluted EPS $0.67; declares $0.15 dividend

HEIDRICK & STRUGGLES INTERNATIONAL INC

2024-Q1 EPS reported $0.67 revenue$269,098,000

Net revenue $265.2M (+11% YoY); organic growth driven by On-Demand Talent (+21.7%) and Heidrick Consulting (+46%).
Diluted EPS $0.67 vs $0.76 YoY; adjusted EBITDA $25.9M with margin 9.8% (vs 10.7% YoY).
Executive Search revenue $201.5M (+5.8% YoY); Americas up 7.3%, Europe up 6.6%, Asia Pacific down 3.7%.
Board declared Q1 cash dividend of $0.15 per share, payable May 23 to holders of record May 16.
Q2 2024 revenue guidance of $255M-$275M, citing ongoing macroeconomic and FX uncertainty.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HEIDRICK & STRUGGLES INTERNATIONAL INC reported first quarter ended March 31, 2024 results: revenue $265.2 million, net income $14.0 million, EPS $0.67.

Period: first quarter ended March 31, 2024
Revenue: $265.2 million
Net income: $14.0 million
EPS: $0.67
Result: reported results

Exact text from the filing

& Struggles under the Securities Act of 1933 or the Exchange Act. --- EX-99.1 (EX-99.1) --- Heidrick & Struggles Reports First Quarter 2024 Results Quarterly Revenue of $265 Million, 11% Year Over Year Growth Maintains Strong Profitability with Diluted EPS of $0.67 Declares $0.15 Per Share Cash Dividend CHICAGO, May 6, 2024 – Today Heidrick & Struggles

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Source: SEC EDGAR

accession 0001066605-24-000017

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