Welcome to our dedicated page for Fti Consulting news (Ticker: FCN), a resource for investors and traders seeking the latest updates and insights on Fti Consulting stock.
FTI Consulting Inc (NYSE: FCN) is a global leader in business advisory services, specializing in corporate finance, risk mitigation, and strategic communications. This news hub provides investors and professionals with timely updates on the company’s latest developments, including earnings reports, strategic partnerships, and operational milestones.
Discover comprehensive coverage of FCN’s activities across its core service areas: financial restructuring, cybersecurity initiatives, economic consulting projects, and reputation management strategies. Our curated news collection serves as your primary source for understanding how FCN addresses complex challenges in industries ranging from healthcare to technology.
Bookmark this page to stay informed about regulatory developments, leadership changes, and innovative solutions like the Secure Your Seat cybersecurity training program. All content is verified for accuracy and updated regularly to support data-driven decision-making.
FTI Consulting (NYSE: FCN) announced the appointment of Cristiano Rios as Senior Managing Director within its Business Transformation Practice in Brazil, effective March 20, 2023. Rios brings over 20 years of experience in business consulting, focusing on transformation and operational strategies across various sectors. His role will involve driving sustainable results in cost reduction, supply chain optimization, and merger integrations. This appointment underscores FTI's commitment to global expansion and addressing client needs, particularly in regions already served by their services.
FTI Consulting (NYSE: FCN) has appointed Ali Karami Ruiz as a Senior Managing Director in its Strategic Communications segment, enhancing its Public Affairs practice. Ruiz, with extensive experience at Business at OECD, will focus on expanding FTI's Multilateral Organisations offering, helping clients navigate complex international policies. His role involves advising businesses on engagements with key multilateral institutions like the OECD and UN, amidst increasing geopolitical challenges. FTI generated $3.0 billion in revenue during fiscal year 2022, showcasing its solid market position.
FTI Consulting (NYSE: FCN) has released findings from The General Counsel Report 2023, focusing on the pressures faced by legal departments. The study reveals that 67% of legal leaders are integrating automation and advanced technologies to enhance productivity while managing tight budgets. Key insights include that 47% are hiring specialists in their legal teams, while 60% rely on external law firms to address capacity constraints. Despite only 20% reporting current use of artificial intelligence, 57% anticipate increasing its adoption. The pandemic's legacy continues to challenge compliance and retain employees in hybrid work environments.
FTI Consulting has expanded its partnership with Relativity to introduce RelativityOne in Australia, enhancing clients' control over e-discovery matters. This partnership emphasizes FTI's legacy as a top e-discovery services provider, allowing a customized approach to complex legal cases.
FTI Technology's solutions facilitate advanced analytics and reduce e-discovery costs, benefiting legal teams across a global network. The partnership aims to address increasing data management demands faced by Australian clients, reinforcing FTI's commitment to evolving its services and maintaining its reputation in the industry.
FTI Consulting (NYSE: FCN) has expanded its FTI Capital Advisors offering to Hong Kong, enhancing existing operations in Singapore. Jason Ho, Senior Managing Director, will lead the new team that focuses on mergers, acquisitions, capital raising, and financial advisory services. This initiative aims to provide clients with comprehensive transaction solutions and capitalize on the growing demand for financial services in Asia. FTI Consulting generated $3.0 billion in revenues during fiscal year 2022, showcasing its robust business model and potential for growth.
FTI Consulting reported a strong performance for Q4 2022 with revenues of $774.4 million, a 15% increase year-over-year. Excluding foreign exchange effects, revenues rose 18%. The quarterly EPS reached $1.33 compared to $1.07 a year prior, while adjusted EPS was $1.52. For the full year, revenues totaled $3.029 billion, up 9%, and EPS of $6.58 reflected a slight decrease from $6.65 in 2021. The company projects 2023 revenues between $3.330 billion and $3.470 billion with EPS expected between $6.80 and $7.70.
FTI Consulting (NYSE: FCN) has released the second edition of Navigating Today’s Environment | The Directors’ and Officers’ Guide to Restructuring, which aids corporate leaders in managing restructurings. The updated guide features insights from 90 contributors and highlights critical themes such as liquidity management, executive compensation, and distressed M&A transactions. The necessity for such a guide arises from significant changes in the corporate landscape over the past decade. Michael Eisenband, a leader at FTI Consulting, emphasizes the book's role in providing practical governance advice for today’s challenges.
FTI Consulting (NYSE: FCN) has appointed Kurt Staelens as Senior Managing Director in its Retail & Consumer Products practice, focusing on Corporate Finance & Restructuring. With over 30 years in retail, Staelens specializes in digital commerce and personalized marketing. His experience includes leading digital transformation initiatives that delivered significant revenue growth. Staelens aims to help clients adapt to changing consumer behaviors and rising costs, leveraging data-driven solutions for improved financial performance and supply chain efficiency. FTI Consulting reported revenues of $2.78 billion in FY 2021.
FAQ
What is the current stock price of Fti Consulting (FCN)?
What is the market cap of Fti Consulting (FCN)?
