CTPartners News Release (08/09/12)
CTPartners Executive Search Inc. on Thursday announced its financial results for the second quarter and six-months ended June 30, 2012. Revenue for the second quarter was $33.8 million, a 2.0% increase from $33.1 million reported in the same period last year and a 4.2% sequential increase from $32.4 million reported in the first quarter 2012. Operating income and operating margin were $1.1 million and 3.2%, respectively, flat with the results for the same period last year and above first quarter 2012 results of $660,000 in operating income and operating margin of 2.0%. New search assignments increased 22.0% to 350 compared with 287 for the second quarter of 2011.