Heidrick & Struggles International, Inc. (NASDAQ:HSII) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET

Company Participants

Suzanne Rosenberg - Vice President, Investor Relations
Tom Monahan - Chief Executive Officer
Steve Bondi - Vice President & Controller

Conference Call Participants

Tobey Sommer - Truist Bank
Kevin Steinke - Barrington Research

Operator

Ladies and gentlemen, good afternoon and thank you for standing by. My name is Abby and I will be your conference operator today. At this time, I would like to welcome everyone to the Heidrick & Struggles Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you. I would now like to turn the conference over to Suzanne Rosenberg, Investor Relations. You may begin.

Suzanne Rosenberg

Thank you and welcome to our 2024 third quarter conference call. Joining me today is our CEO, Tom Monahan; and Vice President and Controller, Steve Bondi.

We posted our accompanying slides on the IR homepage of our website at heidrick.com and we encourage you to view these slides for additional context. Please note that in the materials presented today, we may refer to non-GAAP financial measures that we believe provide additional insight into underlying results.

Reconciliations between these non-GAAP financial measures and the most comparable GAAP measures may be found in the earnings press release. Also, in our remarks, we may make certain forward-looking statements. We ask that you please refer to the Safe Harbor language also included in today's press release.

With that, Tom, I'll now turn the call over to you.

Tom Monahan

Thank you, Suzanne, and welcome to everyone joining on our earnings call today. I'm pleased to share that Heidrick & Struggles delivered a solid performance in the third quarter, a testament to our ongoing commitment to creating unrivaled value for our clients.

This client focus is especially notable given that we are continuing to drive leadership changes within our organization. Our new leadership team has done an excellent job of keeping our colleagues around the world focused on market opportunities and client needs as we more tightly target our solutions and prioritize scalability and profitability.

While we still have much work to do, we saw some early returns from the important steps we took in the second quarter to position the company for growth and impact. We anticipate that Heidrick's near and mid-term growth will come from our ability to clarify what we do for clients, simplify work for our people, and amplify our message in the marketplace. Our leadership team is confident the steps we are taking will enable us to create substantial value for our clients, our colleagues, and our fellow shareholders.