Heidrick & Struggles Inc - HSII STOCK NEWS

In 2021, Fortune 500 boards appointed a record 43% of first-time public directors and 45% women, highlighting a trend towards diversity amidst global challenges. The 2022 Board Monitor report by Heidrick & Struggles (NASDAQ: HSII) shows a steady 41% of new directors were racially or ethnically diverse. However, underrepresentation persists among Latinx and Asian women. With increased scrutiny on board diversity, companies are prioritizing directors with expertise in sustainability and cybersecurity to navigate evolving risks.

Baretz+Brunelle has appointed Josh Anisfeld as the new chief digital officer, reflecting the growing demand for digital marketing services in the legal sector. Anisfeld joins from Heidrick & Struggles (NASDAQ: HSII), where he established a digital marketing function that achieved significant ROI. His 15 years of experience in digital communications will enhance Baretz+Brunelle's marketing capabilities, enabling law firms and related businesses to effectively leverage digital strategies. Anisfeld will lead an existing digital team in Chicago, focusing on tailored marketing campaigns for clients.

Heidrick & Struggles International (HSII) reported record net revenue of $283.9 million for Q1 2022, a 46.6% increase from Q1 2021. Operating income rose by 54.2% to $30.2 million, while adjusted EBITDA increased 19.4% to $35.7 million. Net income reached $18.5 million, a growth of 24.5% with diluted earnings per share at $0.90. Cash and cash equivalents were $268 million. The company anticipates Q2 revenues between $290-$300 million, factoring in various market uncertainties.

Heidrick & Struggles (Nasdaq: HSII) will host a quarterly conference call on April 25, 2022, at 5:00 PM ET to discuss its first quarter 2022 financial results. The call will be accessible through a live webcast on the company's investor relations website and will be available for replay shortly after the event. Investors can also listen by phone using the provided numbers and conference ID. Heidrick & Struggles is a leading provider of global leadership advisory and on-demand talent solutions, helping organizations develop future-ready leaders.

Heidrick & Struggles (Nasdaq: HSII) has announced that Chief Financial Officer Mark Harris will present at the Sidoti Virtual Investor Conference on March 23, 2022. The presentation will take place from 10:45 to 11:15 a.m. Eastern Time. Investors can access the live webcast and replay of the presentation through a provided link. Heidrick & Struggles is a leading provider of global leadership advisory and on-demand talent solutions, specializing in executive search, leadership development, and diversity.

Heidrick & Struggles International (Nasdaq: HSII) reported record financial results for Q4 and FY 2021, with net revenue of $285.5 million, reflecting a 77% increase year-over-year. Adjusted net income rose by 78% to $20.8 million, with adjusted diluted EPS at $1.02. The company highlights strong performance in Executive Search and the successful integration of On-Demand Talent, which generated $23.6 million in revenue. Despite a one-time earnout charge of $11.4 million, operating income surged to $16.6 million. For Q1 2022, net revenue is projected between $270 million and $280 million.

Heidrick & Struggles (Nasdaq: HSII) will hold its quarterly conference call on February 28, 2022, at 5:00 PM ET to discuss its fourth quarter and full year 2021 financial results. A live webcast will be accessible on the company's investor relations website, with a replay available two hours after the call. Interested parties can also listen via phone using the provided numbers and conference ID. The company specializes in global leadership advisory and talent solutions to meet the consulting needs of top organizations.

A new report from Business Talent Group (BTG), a subsidiary of Heidrick & Struggles (Nasdaq: HSII), reveals insights into the growing independent talent economy. The study, surveying over 1,900 high-end independent professionals, shows a 34% year-over-year increase in the U.S. independent talent segment. Key findings include that 70% of independent talent prioritize project choice, 83% report satisfaction with independence, and nearly 40% experienced higher daily rates in 2021, averaging $1,200. With less than half considering traditional employment, the independent market is anticipated to continue its growth.

A new report by The Conference Board, in collaboration with Heidrick & Struggles and ESGAUGE, reveals that larger companies disclose greenhouse gas emissions 2.5 times more than smaller firms. While over half of S&P 500 companies report climate risks, only 28% of S&P MidCap 400 do. The report highlights a growing demand for disclosures related to biodiversity, deforestation, and water risks, urging companies to enhance their sustainability practices. With regulatory expectations rising, especially from the SEC on climate disclosures, smaller firms face increasing pressure to comply.