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| Mark McCall |
FTI Consulting registered 15.6 percent growth in Q1 PR revenues to $69.9M driven by strong demand for its corporate reputation services offering.
CEO Steven Gunby cited the strategic communications unit along with the corporate finance and restructuring practice, which was up 12 percent to $27.1M, as the strong performers during the period.
Operating income for the stratcom business surged 62.6 percent to $14.8M, while billable headcount grew 10 percent to 856 people as of March 31.
Mark McCall, head of the stratcom arm, said cybersecurity, crisis, ESG and regulatory areas performed well during the period.
He noted an upswing in follow-on business as clients who may have hired FTI for a cyber assignment wound up putting the shop on retainer.
Stratcom's transaction business was "good" during the quarter with an uptick in restructurings, according to McCall.
McCall said there were notable hirings for his unit during the quarter.
Sitrick And Company's Tom Becker joined as senior managing director in the crisis & litigation practice; Deutsche Bank's Dan Hunter signed on to head the Americas financial services practice; Abernathy MacGregor's Patrick Tucker enlisted to spearhead the M&A/activism operation, and Teneo's Graham McMillian took on a senior advisor post on ESG issues in London.
FTI’s overall Q1 revenues advanced 5.4 percent to $723.6M.
Net income slipped 8.1 percent to $59.3M due to higher selling, general & administrative costs and compensation expenses.
Publicis Groupe reports an 8.8 percent rise in 2025 net revenues to $16.4B with
Public Policy Holding Company today priced its initial public offering at $12.25 per share. The sale of 4,150,000 shares raised $50.8M in gross proceeds.
Public Policy Holding Company reports that 4Q '25 revenues surged 27.8 percent to $49.9M. Organic growth rose 5.4 percent.
WPP tops the Financial Times’ list of the biggest stock market losers for 2025. The share price of the owner of Burson and Ogilvy has plummeted 60 percent so far this year.
FTI Consulting handles media for Modivcare Inc., the Denver-based provider of non-emergency healthcare services. as a Texas federal bankruptcy court confirms its Chapter 11 restructuring plan.
