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| Mark McCall |
FTI Consulting’s Strategic Communications unit posted a 4.3 percent jump in Q3 revenues to $72.4M due to increased demand for its corporate reputation services.
Nine-month revenues advanced 8.3 percent to $214.3M.
Mark McCall’s stratcomm unit expanded its headcount 16.4 percent to 951 compared to the year-ago period.
That employment growth helped trigger a 16.8 percent decline to $12.9M in adjusted EBITDA as the increase in revenues failed to offset higher compensation costs.
For the nine-months period, adjusted EBITDA grew 1.8 percent to $40.1M.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
Joele Frank handles Pine Gate Renewables as the Asheville, NC-based solar power development company declares Chapter 11 in the aftermath of Donald Trump’s cuts to wind & solar tax credits.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
