Heidrick & struggles reports fourth quarter and 2022 results

2022 annual net revenue surpasses 2021 billion dollar milestone by 7% recent atreus acquisition significantly expands on-demand talent business in europe chicago , feb. 27, 2023 /prnewswire/ -- today heidrick & struggles international, inc. (nasdaq: hsii) ("heidrick & struggles", "heidrick" or the "company") announced financial results for its fourth quarter ended december 31, 2022. fourth quarter highlights: net revenue of $235.7 million; on a constant currency basis net revenue was $243.9 million operating income and adjusted ebitda of $19.8 million and $30.9 million, respectively; operating margin was 8.4% and adjusted ebitda margin was 13.1% net income of $16.0 million and diluted earnings per share of $0.78 declared fourth quarter dividend of $0.15 per share acquired atreus, a leading german on-demand talent business, on february 1, 2023; expands diversification strategy embarked upon in 2021 with the acquisition of btg in the u.s. "we are pleased with the financial, operational, and strategic progress achieved during fiscal 2022 as we reported record net revenue on top of the historic billion-dollar milestone we achieved last year," stated heidrick & struggles' president and chief executive officer, krishnan rajagopalan.
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