Heidrick & Struggles International Inc. reported a 13.9% increase in net revenue for the second quarter of 2025, totaling $317.2 million compared to $278.6 million in the same period of 2024. This growth was driven by all business segments, including Executive Search, On-Demand Talent, and Heidrick Consulting. The company's adjusted EBITDA for the quarter reached $33.9 million with an adjusted EBITDA margin of 10.7%. Adjusted net income rose to $18.1 million, up from $14.1 million in the previous year, and adjusted diluted earnings per share improved to $0.85 from $0.67. Looking ahead, Heidrick & Struggles provided a revenue outlook for the third quarter of 2025, forecasting consolidated net revenue between $295 million and $315 million. This projection accounts for potential impacts from external factors such as foreign exchange rates, interest rates, and macroeconomic conditions. The company continues to focus on investing and expanding its team of professionals to enhance client impact and create shareholder value. Additionally, the Board of Directors has declared a cash dividend of $0.15 per share.
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