Executive Summary
Apex Consulting Group posted $712,400 in billable revenue this week — up 8.4% week-over-week — driven by accelerating delivery on the Harrington Capital restructuring engagement and strong hours logged on two new Digital Transformation retainers that kicked off in late April. Gross margin held at 41.3%, slightly below the 43% target; the gap traces to three Associates billing at blended rates 18% under their cost floor — flagged for manager review. Utilization hit 78.2%, the highest in 6 weeks. Client concentration remains a watch item: Harrington Capital now represents 34% of weekly revenue; recommend accelerating pipeline diversification before Q3 close. Overall, the trajectory is positive — if the two new retainers ramp as modeled, Q2 is tracking to beat plan by ~$180K.
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