 Steve Gunby |
FTI Consulting’s strategic communications group reports a 20.7 percent jump in first-quarter revenues to $52.8M, driven by gains in retainer and project-based business.
Operating income jumped to $8.4M from $2.6M a year ago.
The upbeat performance of Mark McCall’s strategic communications unit helped power FTI to record first-quarter results as revenues rose 11.5 percent to $497.8M and net income advanced to $38.9M from $14M.
Steve Gunby, CEO, said the strong showing reflects “the enormous efforts our leaders and professionals have made in listening to clients and investing heavily to deliver on core client needs.”
FTI stock is up nearly eight percent to $55.02 on the earnings news and hit its 52-week high of $56.39.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
Stagwell’s Q4 revenues grew two percent to $807M while adjusted EBITDA rose three percent to $129M.
WPP CEO Cindy Rose unveiled “Elevate 28,” a strategic plan to simplify the troubled company, which reported a 5.4 percent drop in 2025 revenues to $13.6B.
Omnicom CEO John Wren reported a Q4 $977.2M operating loss, largely due to the $1.1B in severance and repositioning expenses connected to the $13B Interpublic takeover that closed on Nov. 26.
Publicis Groupe reports an 8.8 percent rise in 2025 net revenues to $16.4B with
