Heidrick & Struggles Q3 revenue up 15.9%

Heidrick & Struggles International

03/11/2025 13:07

Overview

Heidrick & Struggles Q3 net revenue grows 15.9% yr/yr, driven by all business lines

Adjusted EBITDA for Q3 beats analyst expectations, indicating strong operational performance

Company announces take-private transaction with Advent International and Corvex Private Equity

Outlook

Company did not provide specific future financial guidance

Result Drivers

EXECUTIVE SEARCH GROWTH - Revenue from Executive Search increased 17% yr/yr, driven by strong performance in the Americas and Europe

ON-DEMAND TALENT - On-Demand Talent revenue grew 10.1% yr/yr, contributing to overall revenue growth

HEIDRICK CONSULTING - Heidrick Consulting revenue rose 17.6% yr/yr, supporting consolidated revenue increase

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Revenue
$322.80 mln
Q3 EPS
$0.83
Q3 Net Income
$17.60 mln
Q3 Adjusted EBITDA
Beat
$34.20 mln
$31.40 mln (3 Analysts)

Press Release: ID:nPn2QXylqa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)