CTPartners News Release (11/12/12)
CTPartners Executive Search Inc. on Nov. 12 announced its financial results for the third quarter ended Sept. 30, 2012. Revenue for the third quarter was $32.0 million, a 5.5% increase from $30.3 million reported in last year’s third quarter. Revenues decreased sequentially from $33.8 million reported in the second quarter 2012. Excluding the one-time reorganization charge announced on Aug. 9, 2012, operating income was $413,289. The company reported operating income of $98,000 for the third quarter last year.