HIL - HIL STOCK NEWS

Hill International reported a strong first quarter for 2022, with revenue increasing 17.4% to $102.2 million. Consulting Fee Revenue rose by 12.5% to $81.4 million. The gross profit grew 16.9% to $31.8 million, leading to an improvement in operating profit, now at $1.0 million compared to a loss last year. Net loss narrowed to $(0.5) million from $(2.7) million. Adjusted EBITDA rose to $3.2 million from $0.7 million. The backlog improved to $736.1 million. The company reaffirms its full-year guidance of CFR between $340 million to $350 million.

Hill International (NYSE:HIL) will release its financial results for Q1 2022 on May 10, 2022, after market close. CEO Raouf Ghali and CFO Todd Weintraub will discuss these results in a conference call on May 11, 2022, at 9:00 AM EDT. Interested participants can join the call by dialing the numbers provided or streaming it via the Investor Relations section on Hill's website. The call will be accessible for 90 days post-event.

Hill International, with over 3,000 professionals globally, is recognized as a leading construction management firm in the U.S.

Hill International (NYSE:HIL) announced a five-year contract with the Texas Department of Transportation (TxDOT) to provide Program Management Consultant services. The contract aims to support TxDOT's Alternative Delivery Division in achieving its goals for design, construction, and operations. Hill will offer a variety of services, including scheduling, cost estimating, risk management, and project management training. This contract highlights Hill's expertise in alternative delivery methods, which can lead to cost savings and reduced project risks.

Hill International, Inc. reported its Q4 2021 and full-year financial results, highlighting a Consulting Fee Revenue (CFR) increase to $77.9 million in Q4 2021, an 8.0% rise from the previous year. However, the company posted a net loss of $2.3 million, or $0.04 per share. For 2021, CFR totaled $305.1 million, marking a growth from 2020, but adjusted net income decreased to $0.7 million. Looking forward, Hill anticipates CFR between $340-$350 million in 2022 and adjusted EBITDA of $22-$24 million.

Hill International (NYSE:HIL) has been chosen by City Edge Development to manage construction for its flagship mixed-use project in New Alamein City, Egypt. This development includes three residential towers and two additional towers for hospitality and commercial purposes, ranging from 30 to 40 floors each. Covering an 80,000 SM site with a total built-up area of 490,000 SM, the project aims to enhance Egypt's tourism landscape. Completion is targeted for 2025, and Hill International emphasizes its expertise in overseeing complex high-rise construction projects.

Hill International (NYSE:HIL) will announce its financial results for Q4 and the full year ending December 31, 2021, on March 31, 2022, post-market close. CEO Raouf Ghali and CFO Todd Weintraub will hold a conference call on April 1, 2022, at 9 AM EDT to discuss the results. Interested parties can join via phone or listen online through the company's Investor Relations webpage. Hill International is recognized as a leading construction management firm, operating globally with over 3,000 professionals.

Hill International (NYSE:HIL) announced it has been awarded a contract by Attiko Metro S.A. to provide technical assistance consultancy for metro and tramway projects in the Attica Region. The initial focus will be on the Athens Metro Line 4, which spans approximately 12.8 km and includes 15 underground stations, with an estimated cost of €1.5 billion and a scheduled delivery in 96 months. Hill will also contribute to the Athens Metro Line 3 extension, enhancing ridership by 132,000 passengers per day while reducing private vehicle use significantly. The project reflects Hill's capabilities in critical infrastructure.

Hill International announced its appointment as the leader of a consortium for the development of the €375 million combined-cycle gas turbine power plant in Komotini, Greece. The facility aims to reduce carbon dioxide emissions by up to 3.7 million tons annually compared to coal-fired plants, with a capacity of 877 MW. Construction started in September 2021, with commissioning expected in early 2024. Hill will oversee engineering and construction processes to ensure compliance with standards and resolve contractor claims, enhancing its footprint in Southern Europe's energy sector.

Hill International (NYSE: HIL) announces CEO Raouf Ghali and CFO Todd Weintraub will present at the Southwest IDEAS Investor Conference on November 18, 2021, at 3:45 pm CT. Management will also hold one-on-one meetings with investors throughout the day. A webcast of the presentation can be accessed on Hill's website and the conference site. Hill International is recognized as one of the largest construction management firms in the U.S., employing over 3,000 professionals worldwide.