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.