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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.
Interpublic CEO Philippe Krakowsky said the firm is off to a “solid start to the year” as its flat $2.2B net revenues are in line with 2024 financial targets.
Why financial planning always plays a crucial role in every PR firm’s success.
Omnicom CEO John Wren reports Q1 revenues jumped 5.4 percent to $3.6M, powered by a solid 7.0 percent rise in its advertising & media segment.
Public Policy Holding Company registered 24.1 percent growth to a record $135M during the past year, which included the results of the March 1 acquisition of Multistate Assocs.
Stagwell CEO Mark Penn reported Q4 net revenues dipped 5.6 percent to $551.1M during a “challenging year for marketing services and digital transformation.”
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