Heidrick & Struggles Delivers 7% Revenue Growth in Q1, Driving Strong Profitability
- Heidrick & Struggles reported a 6.9% net revenue increase to $283.6 million in Q1 2025, with results announced on May 5, 2025, in Chicago.
- The increase in revenue was driven by year-over-year gains across all business divisions, supported by growth in multiple regions worldwide.
- Adjusted EBITDA grew by $3.3 million to reach $29.1 million with a 10.3% margin, while net earnings totaled $13.3 million and diluted EPS came in at $0.62, reflecting a $1.3 million adjustment related to acquisitions.
- Heidrick & Struggles CEO Tom Monahan highlighted that the company’s performance in the first quarter surpassed the upper range of their projections, demonstrating the strength of their business model and their important advisory role during challenging economic times.
- The Board approved a $0.15 per share dividend to be paid on May 29, 2025, and anticipates second quarter 2025 consolidated revenues to range from $285 million to $305 million, with potential influences from factors such as currency fluctuations and inflation.
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Heidrick & Struggles Delivers 7% Revenue Growth in Q1, Driving Strong Profitability
Q1 Revenue Exceeds High End of Outlook
·Parsons, United States
Read Full ArticleHeidrick & Struggles Posts 6.9 Percent Revenue Increase - Hunt Scanlon Media
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles / (NASDAQ:HSII) has posted first quarter revenues of $283.6 million, a 6.9 percent increase compared to consolidated net revenue of $265.2 million in the 2024 first quarter (up 8.1 percent, or $21.6 million on a constant currency basis). The revenue increase was driven by year-over-year growth in each of the company’s lines of business — Executive…
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