At last check, Heidrick & Struggles International Inc. (NASDAQ: HSII) shares were rising 5.17% to trade at $39.68 in premarket trade. Monday’s closing price for shares of HSII stock was $37.73, showing a loss of -1.80%. In the previous 50 days, the average daily volume of the HSII stock was 0.13 million shares, but this volume remained higher than last day’s volume of 97201.0 shares. Over the past 12 months, HSII stock has risen by 60.14%, and they have risen by 1.89% this past week. Following release of its results, the HSII stock soared.
HSII’s quarterly performance:
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Serving the senior talent and consulting needs of the world’s most successful companies, Heidrick & Struggles is a premier provider of global leadership advisory and on-demand talent solutions.
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HSII stands as a trusted leader advisor to enable organizations and leaders to reach their full potential. Its services and offerings span executive search, diversity and inclusion, leadership assessment and development, organizational and team acceleration, culture shaping, and on-demand, and independent talent solutions.
Heidrick & Struggles yesterday announced financial results for its first quarter ended March 31, 2021.
Highlights:
- Increased from $171.5 million in the 2020 first quarter to $193.7 million, record net revenue for HSII increased $22.2 million, or 12.9%.
- HSII’s first-quarter operating income came in at $18.2 million while operating margins were 10.6%.
- HSII reported adjusted operating income, prior to restructuring, of $23.5 million in the first quarter of 2021, a 29.3% increase.
- Based on diluted earnings per share of $0.44, net income for Heidrick & Struggles (HSII) in the first quarter of 2021 was $8.7 million.