CTPartners News Release (08/07/13)
CTPartners Executive Search Inc. reported total revenue of $35.4 million in the second quarter of 2013, up 1.27% from $34.9 million in the second quarter of 2012. Net revenue was $34.2 million, up 1.39% from $33.8 million during the same period last year. The company reported a net loss of $324,000, unchanged from the year-ago period.
The company’s North American revenue totaled $21.7 million for the second quarter of 2013, up 1.7% from $21.4 million in the prior year’s second quarter. By practice, revenue was $8.1 million for financial services, down 27.6% from $11.2 million a year ago; $4.5 million for technology, media, and telecom, up 19.1% from $3.8 million; $6.8 million for life sciences, up 24.9% from $5.4 million; $5.8 million for professional services, up 39.1% from $4.1 million; $5.4 million for consumer and retail, down 15.1% from $6.3 million; and $3.7 million for industrial, up 28.4% from $2.9 million.
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