CTPartners Q3 Revenue Jumps 40 Percent

November 5, 2014 – CTPartners Executive Search Inc./(NYSE:CTP) posted third quarter revenues of $45.4 million, a 39.6 percent increase from $32.6 million in the prior year’s third quarter. North America revenue increased 38.6 percent to $25.9 million; EMEA was up 33.3 percent at $11.5 million compared to $8.6 million; Asia Pacific revenue grew 129.2 percent to $3.7 million compared to $1.6 million; and Latin America’s revenue of $4.4 million grew 19.5 percent compared to $3.6 million in last year’s third quarter. “In the third quarter, CTPartners continued the strong momentum from the first half of the year as revenue grew 40 percent and adjusted earnings per share tripled over last year’s, exceeding our guidance. This exceptional performance was driven by growth across each of our practice areas and geographic markets as our operating metrics strengthened,” said Brian Sullivan, CEO. “We continue to invest in expanding our geographic footprint enhancing our ability to service our clients across the globe.” 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.

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