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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 registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M.
WPP has adopted a gloomier profit and sales forecast due to a deteriorating Q2 financial performance triggered by weak client spending as companies cope with the challenging economic backdrop.



