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.