Heidrick & Struggles sees Q2 revenue $160M-$170M, consensus $161.08M
Current outlook is based on the average currency rates in March and reflects, among other factors, management's assumptions for the anticipated volume of new Executive Search confirmations, Heidrick Consulting assignments, the current backlog, consultant productivity, consultant retention, and the seasonality of its business. The company added, "Our outlook for the market demand for executive search and leadership advisory services remains positive. The strategic actions that we took at the end of 2017 are enabling us to execute our plan to drive profitable growth and operating excellence. Our digital transformation - driving and leveraging our propriety IP-based solutions and data-will continue to distinguish Heidrick & Struggles in the market."