CTPartners Records Flat Growth for Q3 2011
November 9, 2011 – CTPartners Executive Search Inc./(NYSE:CTP) posted second quarter 2011 net revenue of $30.3 million, a decrease of 0.3 percent from $30.4 million a year ago. There were 269 confirmed searches in the third quarter of 2011, a 1.1% increase compared to the third quarter of 2010. Productivity, defined as average annualized net revenue per executive search consultant, was $1,290,950 in the third quarter 2011 compared to $1,383,235 in the third quarter of 2010. The average revenue per executive search was $100,089 in the third quarter of 2011 compared to $96,219 in the corresponding period in 2010, up 4.0 percent. 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.