CTPartners News Release (11/05/14)

CTPartners Executive Search Inc. reported net revenues of $45.4 million for the third quarter of 2014, up 39.6% from $32.6 million in the third quarter of 2013. North American revenue totaled $25.9 million, up 38.6% in the year-ago quarter. The company also reported net income of $1.4 million, up 179% from $502,000 in the 2013 third quarter, due in part to the integration of acquired businesses.

By segment, revenue totaled $11.6 million for financial services, up 30.9% from $8.8 million; $6.2 million for technology, media, and telecommunications, up 124.2% from $2.7 million; $9.1 million for life sciences, up 45.4% from $6.3 million; $7.8 million for professional services, up 19.1% from $6.5 million; $5.6 million for consumer and retail, up 25.3% from $4.5 million; and $5.3 million for industrial, up 41.1% from $3.7 million.