secwatch.observer — SEC 8-K summary
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Issuer:     HEIDRICK & STRUGGLES INTERNATIONAL INC (—)
CIK:        0001066605
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001066605-24-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066605/000106660524000017/0001066605-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066605/000106660524000017/hsii-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001066605-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer