PHILADELPHIA, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has delayed the release of its second quarter 2017 financial results, which was previously scheduled for August 14, 2017 after the close of the stock market, as well as its conference call and webcast which was previously scheduled for Tuesday, August 15, 2017.
The company continues to compile information regarding, and complete the proper accounting and related tax treatment of, the sale of its Construction Claims Group, which was completed during the second quarter of 2017, and to assess the company’s accounting for other comprehensive income (loss). Once the company completes its compilation and assessment, the company will issue a subsequent announcement regarding the timing for the release of its financial results and corresponding conference call information.
Hill International, with 3,300 professionals in more than 50 offices worldwide, provides program management, project management, construction management and other consulting services primarily to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
Hill International, Inc.
John Fanelli III
Executive Vice President and Chief Financial Officer
The Equity Group Inc.
Senior Vice President
Source:Hill International, Inc.