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FTI Consulting’s strategic communications unit registered a 14.3 percent in Q3 revenues to $55.1M, sparked by higher project revenues and an upswing in pass-through business.
Adjusted EBITDA rose to $10.8M from $8.1M a year ago.
For the quarter, CEO Steven Gunby reported a 14.3 percent revenue rise to $513M. Net income surged 37.6 percent to $44.2M.
He attributed the record results in part to the success “attracting, developing and promoting our people” which has enhanced FTI’s ability to collaborate with its clients.
Gunby upped full-year guidance, expected revenues to clock in between $1.96B and $1.99B.
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.
WPP reported a 6.7 percent drop to $3.1B in Q1 like-like revenues less pass-through costs. CEO Cindy Rose says 'it will take time to outpace historical losses."
