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.
News and disclosures about FTI Consulting, Inc. (NYSE: FCN) focus on its activities as a professional business advisory firm operating through five segments: Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. This page aggregates company-specific announcements, press releases and related coverage so readers can review how the firm is evolving across its advisory practices.
Recent news highlights FTI Consulting’s ongoing investment in senior talent and specialized capabilities. The firm has announced appointments of Senior Managing Directors in its Cybersecurity practice within the Forensic and Litigation Consulting segment, in its Healthcare Risk Management & Advisory practice, and across its Strategic Communications segment in areas such as transactions communications, shareholder activism, crisis and issues management, public affairs and stakeholder engagement. Additional updates cover senior hires in private equity and financial services transformation practices and in its EMEA Tax Advisory team.
Coverage also includes developments related to FTI Consulting’s subsidiary Compass Lexecon, which operates within the Economic Consulting segment and engages experts in machine learning, artificial intelligence, quantitative economics and digital platforms. These appointments reflect the firm’s focus on matters such as digital market competition, online advertising auctions, pricing, algorithmic fairness, privacy and the economics of digital assets.
Investors and followers of FCN can use this news feed to track how FTI Consulting expands its sector coverage in healthcare, financial services, energy, consumer, technology and other industries, as well as how it responds to client demand in areas like cyber risk, regulatory strategy, revenue cycle management, restructurings and high-stakes corporate events. Bookmark this page to review ongoing announcements, leadership changes, collaborations and other material developments affecting FTI Consulting’s advisory platform.
FTI Consulting (NYSE: FCN) has successfully completed its acquisition of The Rhodes Group, a prominent construction consulting firm. This strategic move adds approximately 40 professionals, including senior directors, to FTI's Construction & Environmental Solutions team. The Rhodes Group, founded in 1999, specializes in construction advisory and forensic accounting services, enhancing FTI's capabilities in dispute resolution across various sectors. This acquisition aims to expand FTI Consulting's service offerings and provide existing clients with enhanced resources.
FTI Consulting reported First Quarter 2021 revenues of $686.3 million, a 13.5% increase from $604.6 million in the same quarter last year. EPS rose to $1.84, up 23.5% year-over-year. Adjusted EPS was $1.89, reflecting strong performance in Economic Consulting and Technology segments. Net income hit $64.5 million, driven by improved operating profits except in Corporate Finance & Restructuring. The company repurchased 421,725 shares at an average price of $109.37. Cash and cash equivalents stood at $233.4 million.
FTI Consulting has appointed Nick Athanasi as Senior Managing Director in Dubai to lead its Technology segment across the Middle East, Africa, and India. With over 30 years of experience in forensic technology and litigation, Athanasi aims to enhance services in e-discovery and security. This strategic move comes as organizations in these regions face increased regulatory scrutiny and economic challenges, highlighting FTI's commitment to providing innovative solutions. The firm recorded $2.46 billion in revenue for FY 2020, indicating strong market presence.
FTI Consulting (NYSE: FCN) announces the recognition of Senior Managing Directors Sophie Ross, Joshua Burch, and Brent McGoldrick as Global Leaders in Consulting by Consulting magazine. Ross is honored for Excellence in Innovation, Burch for Excellence in Execution, and McGoldrick for Excellence in Engagement. Their leadership has significantly contributed to the growth of FTI Consulting, which generated $2.46 billion in revenue in fiscal year 2020. This recognition highlights the firm's commitment to excellence across its various consulting sectors.
FTI Consulting (NYSE: FCN) announced that 30 professionals from its Corporate Finance, Forensic and Litigation Consulting, and Technology segments have been recognized in the Who’s Who Legal: Investigations 2021 list. Notably, 21 experts were honored in the Forensic Accountants category, and 9 in the Digital Forensic Experts category. Additionally, five professionals received Future Leaders recognition, indicating their significant impact in their fields. This accolade follows FTI Consulting's previous success as the Consulting Firm of the Year in five categories at the 2020 Who’s Who Legal Awards.
Summary not available.
FTI Consulting (NYSE: FCN) has announced the appointment of Wynand Mullins as Senior Managing Director in its Forensic and Litigation Consulting segment in Sydney on April 11, 2021. With over 20 years of experience in forensic accounting and expert witness roles in Australia, New Zealand, and the UK, Mullins aims to enhance the Australian practice's growth. His expertise includes class actions and insurance claims, backing the segment's commitment to providing independent dispute advisory and forensic accounting services.
FTI Consulting (NYSE: FCN) will release its financial results for Q1 2021 on April 29, 2021, before the market opens. A conference call is scheduled for the same day at 9:00 a.m. ET, featuring senior management discussing the results. The call can be accessed via the Company's investor relations website, with a replay available for 90 days. FTI Consulting, a global business advisory firm, generated $2.46 billion in revenue in 2020, employing over 6,300 professionals in 28 countries.
FTI Consulting (NYSE: FCN) expands its Corporate Finance & Restructuring segment in EMEA with the appointments of Joaquín Coronado in Madrid and Stephen Haw in Abu Dhabi. Coronado will enhance FTI's restructuring and business transformation offerings, focusing on private equity and corporate clients. Haw will provide strategic consulting services, addressing operational, regulatory, and market design challenges. This expansion aims to support clients in navigating economic recovery, especially in the context of restructurings and transformations post-pandemic.
FTI Consulting (NYSE: FCN) has launched a comprehensive data governance solution aimed at helping organizations navigate increasing global challenges in data privacy, security, and compliance. This initiative addresses complex legal frameworks, including GDPR, CCPA, HIPAA, and the DoD's CMMC, enabling clients to meet compliance obligations while optimizing business outcomes. The offering integrates expertise in risk management, data analytics, and legal advisory, designed to enhance data accountability and mitigate operational risks.