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CTPartners upgrades Q4 guidance

January 13 2014

CTPartners Executive Search Inc. (NYSE MKT: CTP) expects to meet the upper end, or slightly exceed, the net revenue and adjusted earnings per share ranges it provided in its prior fourth-quarter guidance given in its third-quarter results. The executive search firm’s previous guidance was for net revenue to be in the range of $31 million to $33 million and adjusted EPS to be in the range of $0.07 to $0.10.

CTPartners had a strong finish to 2013, driven primarily by strong broad-based performance from its consultants, according to CEO Brian Sullivan. “We are well positioned to grow our revenue base and improve profitability as we enter 2014,” Sullivan said.

The company expects to report fourth-quarter and full-year results in mid-March.

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