Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $3.53 USD
Change Today -0.0899 / -2.48%
Volume 41.1K
As of 1:19 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

ctpartners executive search (CTP) Snapshot

Open
$3.64
Previous Close
$3.62
Day High
$3.69
Day Low
$3.52
52 Week High
11/17/14 - $23.75
52 Week Low
01/29/15 - $3.01
Market Cap
30.8M
Average Volume 10 Days
124.0K
EPS TTM
$0.61
Shares Outstanding
8.7M
EX-Date
--
P/E TM
5.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for CTPARTNERS EXECUTIVE SEARCH (CTP)

ctpartners executive search (CTP) Related Bloomberg News

View More Bloomberg News

ctpartners executive search (CTP) Related Businessweek News

View More BusinessWeek News

ctpartners executive search (CTP) Details

CTPartners Executive Search Inc., together with its subsidiaries, provides retained executive search services worldwide. It facilitates the recruitment and hiring of C-level executives, such as chief executive officers, chief financial officers, chief legal officers, chief marketing officers, and chief human resource officers, as well as other senior executives and board members. The company also offers board advisory services. It primarily serves various industry practice groups, including financial services, professional services, life sciences, technology/media/telecom, consumer/retail, and industrial. The company was founded in 1980 and is based in New York, New York.

631 Employees
Last Reported Date: 04/16/15
Founded in 1980

ctpartners executive search (CTP) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $425.0K
Chief Financial Officer and Secretary
Total Annual Compensation: $316.7K
Compensation as of Fiscal Year 2014.

ctpartners executive search (CTP) Key Developments

CTPartners Executive Search Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Revenue Guidance for the First Quarter of 2015

CTPartners Executive Search Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net revenue increased 22.7% to $42.1 million over the $34.3 million reported in the prior year’s fourth quarter. GAAP net loss attributable to the Company for the fourth quarter was $1.3 million, or $0.17 per share, compared to net income of $0.1 million, or $0.02 per share, for last year’s fourth quarter. Excluding after-tax non-operating items of $0.7 million and $0.9 million for 2014 and 2013, respectively, 2014 fourth quarter adjusted net loss was $0.6 million, or $0.08 per share, compared to an adjusted net income of $0.9 million, or $0.12 per share, in the prior year’s fourth quarter. Adjusted operating loss was $0.09 million in the fourth quarter compared to an adjusted operating income of $1.5 million in the year-ago fourth quarter. Adjusted EBITDA was a loss of $0.3 million in the 2014 fourth quarter compared to $2.1 million in the year-ago fourth quarter. For the year, the company reported total revenue of $176.823 million against $134.28 million a year ago. Operating income was $5.742 million against operating loss of $2.706 million a year ago. Income before income taxes was $5.476 million against loss before income taxes of $2.885 million a year ago. Net income attributable to company was $3.307 million or $0.46 basic and diluted per share against net profit attributable to company of $1.632 million or $0.23 basic and diluted per share a year ago. Adjusted net income was $5.223 million or $0.70 adjusted per share against adjusted net income of $1.818 million or $0.24 adjusted per share a year ago. Adjusted EBITDA was $11.052 million compared to $5.144 million a year ago. Net cash used in operating activities was $0.191 million against net cash provided by operating activities of $2.918 million a year ago. Purchase of leasehold improvements and equipment was $2.696 million against $1.665 million a year ago. The company expects to report approximately $35 million in revenue during the first quarter 2015. The company stated that it has withdrawn its full year 2015 revenue guidance that was previously reported.

CTPartners Executive Search Inc. Announces Management Changes

The Board of Directors of CTPartners Executive Search Inc. announced the appointment of CTPartners Chief Operating Officer David Nocifora to the position of Chief Executive Officer. The company previously announced that Brian Sullivan, Chairman and CEO, will step down immediately following the filing of the company’s Form 10-K, which is expected on or before April 15, 2015. It was also announced that Sylvain Dhenin would assume the role of CEO. Mr. Dhenin will remain with the company and as Head of European, Middle East and Asia Pacific operations.

CTPartners Closes First Tranche of New Debt Financing

CTPartners announced it has closed on the sale of $6.25 million of second-lien notes due April 2020, the first of two tranches of notes issuable pursuant to its note purchase agreement with a publicly traded insurance company and an affiliate thereof. The company announced on April 8, 2015 that it had entered into a $12.5 million aggregate principal amount second-lien note purchase agreement. The proceeds of the sale of the notes will be used to reduce the amounts outstanding under the Company's senior revolving credit facility. The second tranche of $6.25 million of second-lien notes is scheduled to close 90 days after the first funding, subject to certain conditions set out in the Note Purchase Agreement. The notes bear interest at an adjusted LIBOR rate (as defined in the Note Purchase Agreement) which is currently approximately 12%, which rate is subject to reduction upon the Company's satisfaction of financial and other covenants set forth in the Note Purchase Agreement for 12 consecutive months. All of the notes issued under the Note Purchase Agreement mature in April 2020.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CTP:US $3.53 USD -0.0899

CTP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Heidrick & Struggles International Inc $23.64 USD -0.145
Korn/Ferry International $31.24 USD -0.60
View Industry Companies
 

Industry Analysis

CTP

Industry Average

Valuation CTP Industry Range
Price/Earnings 8.5x
Price/Sales 0.2x
Price/Book 1.2x
Price/Cash Flow 9.9x
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CTPARTNERS EXECUTIVE SEARCH, please visit www.ctnet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.