HSII earnings
Heidrick & Struggles International Inc. (HSII) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Heidrick & Struggles Delivers 16% Revenue Growth in Q3, Driving Strong ProfitabilityQ3 Revenue Exceeds High End of Outlook All Lines of Business Contribute to Consolidated Revenue Growth Third Quarter 2025 Financial Highlights: Net revenue of $322.8 million increased 15.9% year over yearAdjusted EBITDA of $34.2 million with Adjusted EBITDA margin of 10.6%Net income of $17.6 million with diluted earnings per share of $0.83The Board of Directors declared a $0.15 per share cash dividendCHICAGO, Nov. 3, 2025 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced financial results for its third quarter ended Septe
- Heidrick & Struggles Delivers 14% Revenue Growth in Q2, Driving Strong ProfitabilityQ2 Revenue Exceeds High End of Outlook All Business Segments Contribute to Consolidated Revenue Growth Second Quarter 2025 Financial Highlights: Net revenue of $317.2 million increased 13.9% year over yearAdjusted EBITDA was $33.9 million with adjusted EBITDA margin of 10.7%Adjusted net income was $18.1 million with adjusted diluted earnings per share of $0.85Q3 2025 revenue outlook between $295 million and $315 million versus $278.6 million in year-ago periodThe Board of Directors declared a $0.15 per share cash dividendCHICAGO, Aug. 4, 2025 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of glo
- Heidrick & Struggles to Release 2025 Second Quarter ResultsCHICAGO, July 21, 2025 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced it will host its quarterly conference call to discuss 2025 second quarter financial results on Monday, August 4, 2025, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast on the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-800-715-9871 or +1-646-307-1963, conference ID: 4805686. The webcast will be available for replay at the same addr
- Heidrick & Struggles Delivers 7% Revenue Growth in Q1, Driving Strong ProfitabilityQ1 Revenue Exceeds High End of Outlook All Business Segments Contribute to Consolidated Revenue Growth First Quarter 2025 Financial Highlights: Net revenue of $283.6 million increased 6.9% year over yearAdjusted EBITDA was $29.1 million with adjusted EBITDA margin of 10.3%Adjusted net income was $14.2 million with adjusted diluted earnings per share of $0.67Q2 2025 revenue outlook between $285 million and $305 million versus $278.6 million in year-ago periodThe Board of Directors declared a $0.15 per share cash dividendCHICAGO, May 5, 2025 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global
- Heidrick & Struggles to Release 2025 First Quarter ResultsCHICAGO, April 21, 2025 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced it will host its quarterly conference call to discuss 2025 first quarter financial results on Monday, May 5, 2025, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast on the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-800-715-9871 or +1-646-307-1963, conference ID: 4805686. The webcast will be available for replay at the same address
- Heidrick & Struggles Posts 9% Revenue Growth in Q4 with Strong ProfitabilityQuarterly Revenue Exceeds High End of Outlook All Business Segments Contribute to Top Line Growth Financial Highlights: Q4 2024 net revenue of $276.2 million increased 9% year over year and full year net revenue of $1,098.6 million increased 7% year over yearAdjusted EBITDA in Q4 2024 was $26.1 million with adjusted EBITDA margin of 9.5% and full year adjusted EBITDA was $111.2 million with adjusted EBITDA margin of 10.1%Q4 2024 adjusted net income was $22.9 million with adjusted diluted earnings per share of $1.08 and full year adjusted net income was $66.1 million with adjusted diluted earnings per share of $3.12Q1 2025 revenue outlook between $263 million and $273 millionThe Board of Dire
- Heidrick & Struggles to Release Fourth Quarter and Full Year 2024 ResultsCHICAGO, Feb. 10, 2025 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced it will host its quarterly conference call to discuss fourth quarter and full year 2024 financial results on Monday, March 3, 2025, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast on the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-800-715-9871 or +1-646-307-1963, conference ID: 4805686. The webcast will be available for replay at
- Heidrick & Struggles Reports Third Quarter 2024 ResultsQuarterly Revenue Up 6% Year Over Year to $279 Million All Business Segments Contribute to Top Line Growth Delivers Strong Profitability with Diluted EPS of $0.71 Declares $0.15 Per Share Cash Dividend CHICAGO, Nov. 4, 2024 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced financial results for its third quarter ended September 30, 2024. Third Quarter Highlights: Net revenue of $278.6 million increased 5.9%
- Heidrick & Struggles to Release 2024 Third Quarter Results and Host Investor DayCHICAGO, Oct. 21, 2024 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced it will host its quarterly conference call to discuss 2024 third quarter financial results on Monday, November 4, 2024, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast on the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-800-715-9871 or +1-646-307-1963, conference ID: 4805686. The webcast will be available for replay at the same add
- Heidrick & Struggles Reports Second Quarter 2024 ResultsDelivers Strong Revenue Performance with Robust Profitability Restructuring for Accelerated Growth Implemented in the Quarter Declares $0.15 Per Share Cash Dividend CHICAGO, July 29, 2024 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company"), a premier provider of global leadership advisory and on-demand talent solutions, today announced financial results for its second quarter ended June 30, 2024. Second Quarter Highlights: Net revenue grew to $278.6 million driven by all businessesAdjusted EBITDA was $28.8 millionAdjusted EBITDA margin was 10.3%"Our team delivered a strong second quarter. In a very complex operating e
- HEIDRICK & STRUGGLES TO RELEASE 2024 SECOND QUARTER RESULTSCHICAGO, July 15, 2024 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced it will hold its quarterly conference call to discuss 2024 second quarter financial results on Monday, July 29, 2024, at 5:30pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-800-715-9871 or +1-646-307-1963, conference ID: 4805686. The webcast wi
- Heidrick & Struggles Reports First Quarter 2024 ResultsQuarterly Revenue of $265 Million, 11% Year Over Year Growth Maintains Strong Profitability with Diluted EPS of $0.67 Declares $0.15 Per Share Cash Dividend CHICAGO, May 6, 2024 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company") announced financial results for its first quarter ended March 31, 2024. First Quarter Highlights: Net revenue of $265.2 million increased 11% year over yearAdjusted EBITDA of $25.9 millionAdjusted EBITDA margin was 9.8%Net income was $14.0 million and diluted earnings per s
- HEIDRICK & STRUGGLES TO RELEASE 2024 FIRST QUARTER RESULTSCHICAGO, April 22, 2024 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss 2024 first quarter financial results on Monday, May 6, 2024, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-800-715-9871 or +1-646-307-1963, conference ID: 4805686. The webcast will be available for replay at the same address approximately two hours following
- Heidrick & Struggles Reports Fourth Quarter and Full Year 2023 Results2023 Annual Net Revenue Exceeds $1 Billion for Third Consecutive Year Record Annual Net Revenue for On-Demand Talent and Heidrick Consulting CHICAGO, Feb. 26, 2024 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company") announced financial results for its fourth quarter and year ended December 31, 2023. Fourth Quarter Highlights: Net revenue of $253.2 million increased 7% year over yearAdjusted EBITDA of $35.8 million increased 38% year over yearAdjusted EBITDA margin was 14.1%, 310 bps improvement year over yearNet income was $14.9 million and diluted earnings per share was $0.72FY 2023 Highlights: Net revenue of $
- Heidrick & Struggles Announces Planned Leadership TransitionKrishnan Rajagopalan, President and Chief Executive Officer, to Retire Thomas L. Monahan III Appointed Chief Executive Officer Tom Murray, Global Managing Partner of Executive Search, Promoted to President Preliminary Fourth Quarter Net Revenue Results Expected to be $240 Million - $260 Million, In Line with Previously Issued Guidance CHICAGO, Jan. 23, 2024 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced that President and CEO Krishnan Rajagopalan has decided to retire, after more than 23 years with the Company. Rajagopalan will step down as President and CEO and from th
- HEIDRICK & STRUGGLES TO RELEASE 2023 THIRD QUARTER RESULTSCHICAGO, Oct. 11, 2023 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss 2023 third quarter financial results on Wednesday, October 25, 2023, at 5:00 pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone, dial +1-888-440-4091 or +1-646-960-0846, conference ID: 6106012. The webcast will be available for replay at the same address approximately two hours following its conclusion. About Heidrick & StrugglesHeidrick & Struggles (NASDAQ:HSII) is a premier provider of global
- Heidrick & Struggles Reports Second Quarter 2023 Results13% Sequential Revenue Growth Including 10% Organic Maintains Strong Balance Sheet Post-Acquisitions of Atreus and businessfourzero CHICAGO, July 31, 2023 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company") announced financial results for its second quarter ended June 30, 2023. Second Quarter Highlights: Net revenue of $271.2 million increased 13% sequentially, 10% organicallyOperating income of $13.6 million decreased $4.2 million sequentially and operating margin was 5.0%Adjusted operating income of $20.8 million increased 17% sequentially and adjusted operating margin was 7.7%Adjusted EBITDA of $36.4 million in
- HEIDRICK & STRUGGLES TO RELEASE 2023 SECOND QUARTER RESULTSCHICAGO, July 17, 2023 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss 2023 second quarter financial results on Monday, July 31, 2023, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone, dial +1-888-440-4091 or +1-646-960-0846, conference ID: 6106012. The webcast will be available for replay at the same address approximately two hours following its conclusion. About Heidrick & StrugglesHeidrick & Struggles (NASDAQ:HSII) is a premier provider of global leader
- Heidrick & Struggles Reports First Quarter 2023 ResultsCompletes Acquisitions of Atreus and businessfourzero; Augments Diversification Strategy Maintains Strong Profitability Despite Macroeconomic Headwinds Declares $0.15 Per Share Cash Dividend CHICAGO, April 24, 2023 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles", "Heidrick" or the "Company") announced financial results for its first quarter ended March 31, 2023. First Quarter Highlights: Net revenue of $239.3 million; on a constant currency basis net revenue was $244.8 millionOperating income of $17.8 million and operating margin of 7.4%Adjusted EBITDA (adjusted to exclude acquisition accounting and deferred compensation expense) of $27.5
- HEIDRICK & STRUGGLES TO RELEASE 2023 FIRST QUARTER RESULTSCHICAGO, April 10, 2023 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss 2023 first quarter financial results on Monday, April 24, 2023, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-888-440-4091 or +1-646-960-0846, conference ID: 6106012. The webcast will be available for replay at the same address approximately two hours following its conclusion. About Heidrick & Struggles Heidrick & Struggles (NASDAQ:HSII) is a premier provider of global leade
- Heidrick & Struggles Reports Fourth Quarter and 2022 Results2022 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 millionOperating 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 p
- HEIDRICK & STRUGGLES TO RELEASE FOURTH QUARTER AND 2022 RESULTSCHICAGO, Feb. 13, 2023 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss fourth quarter and full year 2022 financial results on Monday, February 27, 2023, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-888-440-4091 or +1-646-960-0846, conference ID: 6106012. The webcast will be available for replay at the same address approximately two hours following its conclusion. About Heidrick & StrugglesHeidrick & Struggles (Nasdaq: HSII) is a premier provide
- Heidrick & Struggles Closes Acquisition of Atreus in Germany, Expanding its On-Demand Talent FootprintTransaction advances long-term growth and diversification strategy to capture accelerating global opportunities in the on-demand talent market CHICAGO, Feb. 1, 2023 /PRNewswire/ -- Heidrick & Struggles ("the Company") (NASDAQ:HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced it has closed the acquisition of Atreus, one of the leading providers of executive interim management in Germany. Together, Atreus and Heidrick & Struggles' wholly owned, U.S.-based Business Talent Group (BTG), which was acquired in 2021, constitute the Company's On-Demand Talent segment and build on its market leading position in this space. Krishnan Rajagopalan,
- Heidrick & Struggles Reports 2022 Third Quarter and Nine Month ResultsRobust Operating Margins of 11.1% in the Third Quarter Achieved $1.02 Diluted EPS in the Third Quarter CHICAGO, Oct. 24, 2022 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles" or the "Company") announced financial results for its third quarter ended September 30, 2022. Third Quarter Highlights: Net revenue of $255.2 million; on a constant currency basis net revenue was $265.8 millionOperating income of $28.3 million and operating margin of 11.1%Net income of $20.8 million and diluted earnings per share of $1.02Adjusted EBITDA of $33.3 million and adjusted EBITDA margin of 13.0%Cash, cash equivalents and marketable securities was $456.0 milli
- HEIDRICK & STRUGGLES TO RELEASE 2022 THIRD QUARTER RESULTSCHICAGO, Oct. 11, 2022 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss 2022 third quarter financial results on Monday, October 24, 2022, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-888-440-4091 or +1-646-960-0846, conference ID: 6106012. The webcast will be available for replay at the same address approximately two hours following its conclusion. About Heidrick & StrugglesHeidrick & Struggles (NASDAQ:HSII) is a premier provider of global leade
- Heidrick & Struggles Posts Record Quarterly ResultsRecord Net Revenue of $299 Million Climbs 15% Over Prior Year Period Diluted and Adjusted Diluted EPS of $1.19; Adjusted Diluted EPS Highest in Company History Highest Second Quarter Cash Balance of $337 Million CHICAGO, July 25, 2022 /PRNewswire/ --Today Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles" or the "Company") announced financial results for its second quarter ended June 30, 2022. Second Quarter Highlights: Net revenue reached a record $298.7 million, an increase of 14.9% versus the prior year periodOperating income increased to $33.9 million, 18.0% higher than the prior year periodNet income and adjusted net income were $24.1 million; diluted and adj
- HEIDRICK & STRUGGLES TO RELEASE 2022 SECOND QUARTER RESULTSCHICAGO, July 11, 2022 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss 2022 second quarter financial results on Monday, July 25, 2022, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone dial +1-888-440-4091 or +1-646-960-0846, conference ID: 6106012. The webcast will be available for replay at the same address approximately two hours following its conclusion. About Heidrick & StrugglesHeidrick & Struggles (NASDAQ:HSII) is a premier provider of global leaders
- Heidrick & Struggles Posts Record First Quarter 2022 ResultsNet Revenue of $284 Million Climbs 47% Over Prior Year Record Achieves Record Profitability Guides to Record Q2 Net Revenue CHICAGO, April 25, 2022 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles" or the "Company") announced financial results for its first quarter ended March 31, 2022. First Quarter Highlights: Net revenue reached a record $283.9 million, an increase of 46.6% versus the prior year period.Operating income* increased to $30.2 million, 54.2% higher than the prior year period.Adjusted EBITDA* was $35.7 million and grew 19.4% year-over-year, and adjusted EBITDA margin was 12.6%.Net income* climbed 24.5% to $18.5 million, and di
- HEIDRICK & STRUGGLES TO RELEASE 2022 FIRST QUARTER RESULTSCHICAGO, April 12, 2022 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss first quarter 2022 financial results on Monday, April 25, 2022, at 5:00pm ET. The conference call will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. The webcast will be available for replay at the same address approximately two hours following its conclusion. To listen by phone, dial +1-888-440-4091 or +1-646-960-0846, conference ID: 6106012. About Heidrick & StrugglesHeidrick & Struggles (NASDAQ:HSII) is a premier provider of global leadership advisory and on-dem
- Heidrick & Struggles Achieves Over $1 Billion in Annual Net Revenue, Attains Record ProfitabilityCHICAGO, Feb. 28, 2022 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles" or the "Company"), today announced financial results for its fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter Highlights: Net revenue reached a quarterly record of $285.5 million with growth of 77% over the 4th quarter of 2020. Operating income grew to $16.6 million, while adjusted operating income achieved $28.0 million (an increase of 119%) at a margin of 9.8%. Net income climbed to $12.5 million and adjusted net income and adjusted diluted earnings per share were $20.8 million (an increase of 78%) and $1.02 (an increase of 73%), respectively. Adjuste
- Heidrick & Struggles Delivers Third Consecutive Quarter of Record ResultsCHICAGO, Oct. 25, 2021 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles" or the "Company"), today announced financial results for its third quarter ended September 30, 2021. Third Quarter Highlights: Record net revenue (revenue before reimbursements) of $263.8 million increased 83.8% from the 2020 third quarter. Record operating income was $33.3 million, and operating income margin expanded to 12.6% in the quarter. Adjusted EBITDA of $36.1 million more than doubled from $15.9 million in the 2020 third quarter, and adjusted EBITDA margin increased 265 basis points to 13.7%. Net income and diluted earnings per share grew to $24.5 million an
- Heidrick & Struggles To Release 2021 Third Quarter ResultsCHICAGO, Oct. 12, 2021 /PRNewswire/ -- Heidrick & Struggles (NASDAQ:HSII) today announced it will hold its quarterly conference call to discuss 2021 third quarter financial results on Monday, October 25, 2021, at 5:00pm ET. The conference call and accompanying slides will be publicly available via live webcast from the investor relations section of the Heidrick & Struggles website at www.heidrick.com. To listen by phone, dial +1-866-211-4120 or +1-647-689-6618, conference ID: 2849047. The webcast will be available for replay at the same address approximately two hours following its conclusion. About Heidrick & StrugglesHeidrick & Struggles (NASDAQ:HSII) is a premier provider of global lead
- Heidrick & Struggles Continues to Deliver Record ResultsCHICAGO, July 26, 2021 /PRNewswire/ -- Heidrick & Struggles International, Inc. (NASDAQ:HSII) ("Heidrick & Struggles" or the "Company"), today announced financial results for its second quarter ended June 30, 2021. Second Quarter Highlights: Record net revenue (revenue before reimbursements) of $260.0 million increased $114.4 million, or 78.6%, from the 2020 second quarter and grew $66.3 million, or 34.2%, from the 2021 first quarter. Operating income of $28.7 million includes an anticipated restructuring charge of $3.2 million. Adjusted operating income more than tripled to $31.9 million with adjusted operating margin up 610 basis points to 12.3%. Net income of $20.8 million and diluted e