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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.
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FTI Consulting (NYSE: FCN) reported first quarter 2022 revenues of $723.6 million, a 5% increase from $686.3 million in Q1 2021. EPS was $1.66, down 10% from $1.84 year-over-year. Adjusted EBITDA fell to $90.5 million, representing 12.5% of revenues, compared to 14.5% in the prior year. The decline in net income to $59.3 million was attributed to higher SG&A and compensation expenses. The Corporate Finance & Restructuring segment saw a 12% rise in revenues, while Economic Consulting revenues dropped 1.9%.
FTI Consulting (NYSE: FCN) has expanded its Financial Crime Compliance practice with the addition of Senior Managing Director Jackie Yu and Managing Director Lilian Sin. Yu, based in Shanghai, will lead the practice in China, leveraging his extensive experience in AML and sanctions compliance. Sin, located in Hong Kong, will assist in navigating increasingly complex regulatory challenges in the region. Their appointments reflect FTI's commitment to enhancing client support in Asia amid evolving financial regulations.
FTI Consulting (NYSE: FCN) announced the appointment of Deepak Chaudhry as Senior Managing Director and National Digital Health Leader. With over 20 years of experience in technology and healthcare, Chaudhry will enhance the firm’s digital health services, focusing on digital transformation, emerging technology, and cybersecurity. Previously, he led BDO Digital's National Healthcare Technology practice and oversaw interoperability projects in Houston. FTI Consulting aims to help clients navigate complex digital challenges.
FTI Consulting (NYSE: FCN) has appointed Enrique Ubarri as Senior Managing Director in its Financial Services practice, focusing on anti-money laundering and consumer finance. With over 20 years of experience, Ubarri's expertise in regulatory compliance is expected to aid clients in navigating evolving regulatory landscapes. His appointment follows Troy Kubes's joining as Managing Director, enhancing the firm's leadership in financial advisory services. FTI Consulting generated $2.78 billion in revenues in 2021, indicating robust financial performance.
FTI Consulting (NYSE: FCN) announced that 31 of its professionals were recognized in the Who’s Who Legal: Investigations 2022 list. This includes 21 experts in the Forensic Accountants category and 10 in Digital Forensic Experts. Five professionals were named Future Leaders, highlighting emerging talent in the field. FTI Consulting continues to receive accolades for its forensic accounting and investigations expertise, having been honored as Consulting Firm of the Year in 2021 in multiple categories.
FTI Consulting (NYSE: FCN) will announce its first-quarter financial results for the period ending March 31, 2022, before the market opens on April 28, 2022. A conference call discussing these results will take place on the same day at 9:00 a.m. Eastern Time, hosted by senior management. Investors can access the call live through the company’s investor relations website, with a replay available for 90 days. In 2021, FTI Consulting generated $2.78 billion in revenues, demonstrating its significant role in business advisory services globally.
FTI Consulting (NYSE: FCN) announced the induction of David Rush, Senior Managing Director, into the American College of Bankruptcy’s 33rd Class of Fellows. This recognition highlights Rush's 20+ years of expertise in bankruptcy and corporate restructuring, emphasizing FTI Consulting's leadership in this field. The college honors professionals committed to enhancing bankruptcy practices, and Rush joins other distinguished FTI Consulting professionals as a Fellow. The firm continues to provide critical advisory services in financial and operational challenges.
FTI Consulting (NYSE: FCN) announced an expansion of its partnership with Relativity to enhance cloud-based e-discovery solutions in Singapore. This move addresses growing challenges faced by legal teams due to increasing corporate risks and complex data landscapes. The expansion aims to provide clients with custom workflows and advanced analytics to streamline investigations. With a global reach, FTI Technology aims to deliver impactful solutions across multiple jurisdictions, reinforcing its commitment to optimizing e-discovery processes and addressing clients’ technological integration goals.
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