 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.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
