May 12, 2014 – CTPartners Executive Search Inc./(NYSE:CTP) posted first quarter revenues of $39.9 million, a 36.6 percent increase from $29.2 million in the prior year’s first quarter. Compared to last year’s first quarter, North America revenue increased 35.8 percent to $23.7 million; EMEA was up 58.4 percent at $10.6 million compared to $6.7 million and Asia Pacific revenue grew 42.8 percent to $2.5 million compared to $1.7 million. Latin America revenue of $3.2 million was relatively flat compared to the prior year first quarter. GAAP net income was $1.2 million, or $0.15 per share, compared to a net loss of $2.0 million, or $0.29 per share loss, last year. 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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