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FTI Consulting, Inc. reports developments across a global business-advisory platform organized around Corporate Finance, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. Company news includes quarterly results, segment performance and senior talent additions tied to restructuring, transactions, transformation, capital markets communications and regulated-industry advisory work.
Recurring updates also cover cybersecurity, data privacy, information governance, health and human services analytics, digital health and applied AI capabilities. Compass Lexecon affiliations add economics expertise for antitrust and other litigation-focused advisory work.
On August 2, 2021, FTI Consulting (NYSE: FCN) was recognized by Global Arbitration Review as a leading expert witness firm, ranking first overall, with its subsidiary Compass Lexecon coming in second. The analysis highlighted FTI's significant presence, reporting 223 experts attending hearings between August 2018 and August 2020. FTI also led in construction-related arbitrations with 88 cases, while Compass Lexecon topped in investor-state hearings with 39. The recognition indicates strong reputational authority in the arbitration sector.
FTI Consulting reported Q2 2021 revenues of $711.5 million, a 17.0% increase from $607.9 million in Q2 2020. Earnings per share (EPS) reached $1.77, up 39.4% year-over-year. Adjusted EPS was $1.74, reflecting a 31.8% rise. The company raised its full-year revenue guidance to between $2.700 billion and $2.800 billion. Positive contributions came from segments including Forensic and Litigation Consulting and Technology. However, Corporate Finance & Restructuring saw a 6.1% revenue decline due to lower demand.
FTI Consulting (NYSE: FCN) announced the appointment of Renée Law Bertuch as Senior Managing Director in its Strategic Communications segment in Australia. Based in Sydney, she brings over 20 years of experience in advising clients on investor relations and crisis management. Previously CEO at Cannings Strategic Communications, Law Bertuch led transactions worth over AU$5 billion. Her expertise is expected to enhance FTI's offerings in communications challenges, particularly in the Australian market, as highlighted by comments from key leadership.
FTI Consulting (NYSE: FCN) announced substantial growth in its Corporate Finance & Restructuring segment in Australia, with the recruitment of seven Senior Managing Directors in six months, notably five from Big Four consulting firms. These appointments, including John Batchelor's return from Hong Kong, enhance FTI's market-leading restructuring practice. Mark Dewar emphasized their goal of replicating global success in Australia. With increased talent, FTI aims to deliver superior advisory services for complex restructurings across multiple jurisdictions.
FTI Consulting appointed Guillermo Garau as Senior Managing Director to lead its Transactions practice in Latin America and Florida. Based in Miami, Garau brings over 15 years of M&A experience, having participated in more than 250 transactions worth up to several billion dollars. His leadership aims to enhance FTI's offerings in active M&A markets, addressing growing private investment opportunities in infrastructure and technology in Latin America. This strategic appointment reflects the firm's commitment to providing comprehensive support across the deal lifecycle.
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FTI Consulting (NYSE: FCN) has been recognized as a top firm in the Chambers Litigation Support 2021 and Chambers Crisis and Risk Management 2021 guides, garnering the most rankings among competitors. The company achieved 11 firmwide and four individual rankings, with seven categories ranked in Band 1, including Business Intelligence & Investigations and Economic Analysts. Additionally, FTI's subsidiary, Compass Lexecon, excelled in the global Economic Analysts category. This recognition underscores FTI's leadership in professional services worldwide.
FTI Consulting (NYSE: FCN) will announce its Q2 2021 financial results on July 29, 2021, before the NY market opens. Senior management will host a conference call at 9:00 a.m. ET on the same day to discuss these results. The call will be accessible via the company's investor relations website and a replay will be available for 90 days. In 2020, FTI Consulting reported revenues of $2.46 billion, with over 6,400 employees across 29 countries, specializing in business advisory services.
FTI Consulting announced the appointment of Antonio Gesteira as Senior Managing Director in Brazil's Technology segment, focusing on enhancing e-discovery and digital forensics solutions. With over 20 years of experience, Gesteira aims to address the increasing demand for investigations expertise among Brazilian corporations and law firms amid evolving legal landscapes. This move follows the recent hiring of Gustavo Galizzi in the Forensic and Litigation segment, indicating a strategic expansion to improve service offerings in Brazil.
FTI Consulting (NYSE: FCN) has appointed Rachel Layburn as Senior Managing Director in Singapore, enhancing its Risk & Investigations practice. With over 20 years of experience in forensic investigations and regulatory compliance in China and Singapore, Layburn will focus on complex investigations and compliance programs. The firm aims to leverage her expertise to support clients amid evolving legal landscapes. Layburn has previously held significant roles at WPP Group and KPMG China, showcasing her capacity to manage compliance initiatives and internal investigations.