Fti Consulting Inc Stock Price, News & Analysis

FTI Consulting (NYSE: FCN) has announced a strategic technology alliance between its Technology segment and BigID, a leader in data security and AI-driven data management. The collaboration combines FTI Technology's Information Governance, Privacy & Security practice expertise with BigID's platform capabilities to help clients enhance data management, compliance, and risk management processes.

The partnership aims to assist organizations in discovering, managing, protecting, and extracting value from their data estates while managing risks through a single platform. BigID's technology implementation will be integrated with FTI Technology's digital insights and risk management expertise to deliver improved results across various data objectives and challenges.

FTI Consulting (NYSE: FCN) announced that Professor B. Douglas Bernheim, the Edward Ames Edmonds Professor of Economics at Stanford University, has affiliated with its subsidiary Compass Lexecon. Dr. Bernheim, an expert in industrial organization, mergers, behavioral economics, game theory, and financial economics, brings extensive experience as an expert witness in major antitrust and competition cases. He has testified before the FCC, DOJ, FTC, and federal courts.

Dr. Bernheim's academic achievements include publishing numerous articles in leading journals, authoring four books, and receiving prestigious awards including a Guggenheim Fellowship and the 2022 Exeter Prize. This affiliation follows Compass Lexecon's recent expansion, which included appointing Alexander White as Senior VP and adding 20 academic affiliates over the past six months, strengthening their expertise across multiple practice areas.

FTI Consulting (NYSE: FCN) has appointed Julien Wallen as Senior Managing Director in its Financial Services practice, based in Zurich. With 25 years of asset management and consultancy experience, Wallen joins from BlackRock where he served as Managing Director for over a decade. In his new role, he will lead balance sheet, portfolio and risk advisory across EMEA, focusing on strategic client engagements and financial transformation initiatives.

Wallen's extensive experience includes advising financial institutions, sovereign wealth funds, central banks, and asset managers on balance sheet management, financial policy, risk strategy, and sustainability. This appointment follows FTI's recent expansion of its financial services capabilities, with seven Senior Managing Directors and Managing Directors added in Germany and the United States.

FTI Consulting (NYSE: FCN) has appointed Scott Cockerham as Senior Managing Director in its Corporate Finance & Restructuring segment, based in Houston. Cockerham, with over 20 years of experience in business transformation, turnarounds, and restructurings, will lead the Power, Renewables & Energy Transition practice.

Prior to joining FTI, Cockerham served as CFO at Camin Cargo Control and held various executive positions including CEO, CCO, and CDO. His background includes co-leading a restructuring energy team at a global consulting firm and serving as an officer and aviator in the U.S. Marine Corps.

In his new role, Cockerham will support clients through all phases of the business lifecycle, particularly focusing on helping them navigate macroeconomic uncertainties and policy shifts in the energy sector.

FTI Consulting (NYSE: FCN) has appointed Josh Harris as Senior Managing Director in its Private Equity practice within the Corporate Finance & Restructuring segment. Based in New York, Harris brings nearly 20 years of experience in private equity and corporate client partnerships.

Harris, formerly a Partner at Bain & Company and PwC Strategy&, specializes in portfolio strategy, performance improvement, post-merger integration, and organizational restructuring. In his new role, he will focus on implementing large-scale transformations involving change management and operational design activities for private equity firms, large- and mid-cap companies, particularly in aerospace, defense, aviation, space, technology, and professional services sectors.

FTI Consulting (NYSE: FCN) reported Q1 2025 financial results with revenues of $898.3 million, down 3.3% from $928.6 million in Q1 2024. Net income decreased to $61.8 million from $80.0 million, primarily due to lower revenues and a $25.3 million special charge for severance costs.

The company's Q1 2025 EPS was $1.74, compared to $2.23 in the prior year quarter, while Adjusted EPS increased to $2.29. Adjusted EBITDA improved to $115.2 million (12.8% of revenues) from $111.1 million (12.0%) year-over-year.

Notable developments include a $400 million increase in share repurchase authorization and completion of workforce reduction affecting approximately 5% of employees, expected to generate annual cost savings of $85 million.