CTPartners News Release (07/30/14)

CTPartners Executive Search Inc. reported net revenues of $45.1 million for the second quarter of 2014, a record high, up 32% from $34.2 million in the second quarter of 2013. Net income totaled $2.1 million, compared with a net loss of $0.4 million in the year-ago quarter. The company’s North American revenues totaled $27.6 million, up 27% from $21.7 million in the 2013 second quarter.

By segment, revenues totaled $13.1 million for financial services, up 62% from $8.1 million; $7.8 million for professional services, up 35% from $5.8 million; $4.5 million for industrial, up 21% from $3.7 million; $6 million for technology, media, and telecom, up 33% from $4.5 million; $7.8 million for life sciences, up 15% from $6.8 million; and $5.9 million for consumer and retail, up 10% from $5.4 million.