Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it has been awarded a contract to provide construction management services to the Saudi Jordanian Fund for Medical Educational Investment Company (SJFMEI), a subsidiary of the Saudi Jordanian Investment Fund (SJIF), for a new $400 million healthcare project in Amman, Jordan. Once complete, the project will deliver a university hospital with 330 beds, 72 outpatient clinics, a children's hospital, and medical school with the capacity for up to 600 students with a projected enrollment of 100 students annually. The project will also include five medical centers of excellence, each focused on providing care
Hill International (NYSE:HIL) reported quarterly losses of $(0.01) per share. This is a 120 percent decrease over earnings of $0.05 per share from the same period last year. The company reported $109.57 million in sales this quarter. This is a 13.42 percent increase over sales of $96.60 million the same period last year.
Believes Slate Possesses Necessary Experience in Capital Allocation, Corporate Governance, Pet Healthcare, Supply Chain Management and Succession Planning Contends the Upcoming Annual Meeting is the Ideal Moment to Introduce Truly Independent Directors and Start a Boardroom Dialogue Around a Properly Timed CEO Change in 2025 Reminds Shareholders That Elanco's Leadership Has Failed to Deliver Value and Meet its Own Promises Over Every Long-Term Horizon Urges Shareholders to Review Presentation Regarding the Case for Shareholder-Driven Change Atop Elanco Ancora Holdings Group, LLC (together with its affiliates, "Ancora" or "we"), which owns approximately 3% of the outstanding common s
Merger advances GISI strategic objectives of global diversification and expansion of its consulting platform Hill benefits from expanded access to operational expertise and resources to accelerate its growth With the addition of Hill to the GISI family of companies, GISI completed five strategic mergers or acquisitions in 2022 Hill will become a wholly owned subsidiary of GISI in all-cash transaction of approximately US$200 million, or $3.40 per share, plus assumed debt Global Infrastructure Solutions Inc. (GISI) and Hill International, Inc. (NYSE:HIL) today announced their strategic merger is complete after clearing final regulatory reviews. This merger presents enhanced opportuni
PHILADELPHIA and AMMAN, Jordan, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it has been awarded a contract to provide construction management services to the Saudi Jordanian Fund for Medical Educational Investment Company (SJFMEI), a subsidiary of the Saudi Jordanian Investment Fund (SJIF), for a new $400 million healthcare project in Amman, Jordan. Once complete, the project will deliver a university hospital with 330 beds, 72 outpatient clinics, a children's hospital, and medical school with the capacity for up to 600 students with a projected enrollment of 100 students annually. The project will also include
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PHILADELPHIA, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE:HIL) ("Hill" or the "Company"), delivering the infrastructure of change, announced today its financial results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Overview Total revenue increased to $109.6 million from $96.6 million in the prior year period.Consulting Fee Revenue (CFR) rose 10.5% to $85.1 million from $77.1 million in the prior year periodGross profit up 6.8% to $34.6 million from $32.4 million in the prior year periodNet loss of $(0.7) million, or $(0.01) per diluted share, compared to net income of $1.3 million, or $0.02 per diluted share in the prior year peri
Net Income Improved to $1.4 Million and Adjusted EBITDA Rose 70.9% to $6.5 Million Reiterates 2022 Outlook Second Quarter 2022 Overview Total revenue increased to $105.7 million from $101.5 million in the prior year period.Consulting Fee Revenue ("CFR") rose 12.9% to $87.7 million from $77.7 million in the prior year periodGross profit up 19.6% to $37.4 million from $31.3 million in the prior year periodNet income improved to $1.4 million, or $0.02 per diluted share, from a net loss of $(0.5) million, or $(0.01) per diluted share in the prior year period; adjusted net income (a non-GAAP measure) improved to $3.2 million from adjusted net loss of $(0.07) million in the prior year periodAdj
PHILADELPHIA, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today that it will release its financial results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022, after the close of the stock market. Raouf Ghali, Hill's Chief Executive Officer, and Todd Weintraub, Senior Vice President and Chief Financial Officer, will host a conference call on Wednesday, August 10, 2022, at 9:00 am Eastern Daylight Time to discuss the results. Interested parties may participate in the call by dialing (877) 407-9753 (Domestic) or (201) 493-6739 (International) approximately 10 minutes before the call is scheduled to be
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