Hill International Reports 2019 Fourth Quarter and Year End Financial Results
Hill International, Inc. (HIL)
Last hill international, inc. earnings: 5/3 05:20 pm
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US:NYSE Investor Relations:
ir.hillintl.com/investor-relations
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Source: GlobeNewswire
Fourth quarter 2019 net income of $12.1 million, up from a loss of $7.3 million in prior year periodAdjusted EBITDA of $4.0 million for the quarter, up from $(0.5) million in prior year periodBacklog at $811.3 million, up 9.6% from beginning of 2019Cash flow from operations and free cash flow of $10.0 million and $6.1 million, respectively, for the year in 2019, compared to $(25.0) million and $(27.4) million, respectively, in prior year periodFiscal year 2020 consulting fee revenue projected between $330.0 million and $350.0 millionNet income margin and adjusted EBITDA margin of 15.8% and 5.2%, respectively, for the fourth quarter 2019, with projected EBITDA margin projected to increase to 5.5%-7.0% for 2020 PHILADELPHIA, March 16, 2020 (GLOBE NEWSWIRE) -- Hill International, Inc. (NYSE:HIL) ("Hill" or the "Company"), the global leader in managing construction risk, announced today its results for the quarter and fiscal year ended December 31, 2019. This release will be followed b
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