CTPartners Posts 6.3 Percent Revenue Increase

May 14, 2012 – CTPartners Executive Search Inc./(NYSE:CTP) posted first quarter 2012 net revenue of $32.4 million, an increase of 6.3 percent from $30.5 million a year ago. An eight percent increase in North America, and $3 million in new revenue from Latin America was partially offset by weakness in EMEA and Asia Pacific. Earnings per fully diluted shares were $.05 for the quarter, versus $.08 last year. "We are very pleased with our operating performance in Q1 2012 during this challenging global economic time. Our partners around the world continue to operate as the quality leaders in the search business, and our Latin American acquisition was both accretive and added significantly to our geographic and practice diversification growth strategy," said Brian Sullivan, CEO. CTPartners is a global executive search firm offering expertise in technology, media and telecom, financial services, life sciences, professional services, retail, industrial and board advisory services.

Share This Article

RECOMMENDED ARTICLES

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz