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Is Amprius Technologies, Inc. (AMPX) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2026-03-23 14:42
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Amprius Technologies (AMPX) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Amprius Technologies is one of 238 individual stocks in the Business Services sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The Zacks Sector Rank consi ...
FTI Consulting Study Reveals Cybersecurity Attacks Are an Increasing Threat to M&A
Globenewswire· 2026-03-17 13:30
Core Insights - The report highlights the increasing correlation between cybersecurity incidents and corporate transactions, emphasizing the need for better integration of cybersecurity measures during M&A activities [1][6] Group 1: Cybersecurity Incidents in Transactions - Nearly 25% of executives have experienced a cyber incident during or shortly after a transaction, with 42% reporting significant deal value reduction [2] - Over 58% of respondents indicated that financial targets were impaired due to cyber incidents, while 20% experienced delays or pauses in deals [2] Group 2: CISO Involvement and Perception - 67% of heads of M&A and 76% of general counsel consider the CISO critical during transactions, yet 34% of CISOs feel they are not heavily involved in decision-making [4] - One in four CISOs report that their leaders prioritize closing deals quickly over conducting thorough cybersecurity due diligence [9] Group 3: Collaboration and Risk Management - Only 17% of CISOs believe that collaboration between cybersecurity and corporate development teams significantly increased during the transaction period, contrasting with 34% of general counsel who felt otherwise [9] - Post-transaction, only 23% of executives manage cybersecurity risks proactively, creating a significant exposure point for organizations [9] Group 4: Recommendations for Deal Teams - Deal teams are advised to account for cyber risk similarly to leak risk, as unexpected disruptions can create confusion and slow negotiations [6] - Recognizing that transactions are increasingly visible targets for threat actors is essential for mitigating risks effectively [6]
FTI Consulting Study Reveals Cybersecurity Attacks Are an Increasing Threat to M&A
Globenewswire· 2026-03-17 13:30
Core Insights - The report highlights the increasing correlation between cybersecurity incidents and corporate transactions, indicating that dealmakers face emerging risks as M&A volumes rebound [1] Group 1: Cybersecurity Incidents and Transactions - Nearly 1 in 4 executives has experienced a cyber incident during or shortly after a transaction, with 42% reporting significant deal value reduction [2] - More than half (58%) of respondents indicated that financial targets were impaired due to cyber incidents, while 20% experienced delays or pauses in deals [2] Group 2: CISO Involvement and Perception - 67% of heads of M&A and 76% of general counsel consider the CISO critical during transactions, yet 34% of CISOs feel they are not heavily involved in decision-making [4] - One in three CISOs is uncertain about their authority to halt a transaction if cybersecurity risks are deemed too high [4] Group 3: Collaboration and Risk Management - Only 17% of CISOs reported that collaboration between cybersecurity and corporate development teams significantly increased during the transaction period, contrasting with 34% of general counsel who felt collaboration improved [8] - Only 23% of executives manage cybersecurity risks proactively post-close, creating a significant exposure point for organizations [8] Group 4: Expert Commentary - Experts emphasize that deal teams must account for cyber risk similarly to leak risk, as unexpected disruptions can create confusion and slow negotiations [6] - The report stresses the need for dealmakers to recognize that transactions are increasingly visible targets for threat actors, necessitating more effective risk mitigation strategies [6]
AI Adoption in Corporate Legal Departments Doubles According to The General Counsel Report
Globenewswire· 2026-03-11 11:30
Core Insights - The adoption of generative artificial intelligence (AI) in corporate legal departments has nearly doubled year over year, with 87% of general counsel reporting its use compared to 44% in 2025 [1] - A significant shift in the approach of legal departments towards AI and technology is noted, with 39% now considering AI a strategic priority for enhancing efficiency and efficacy [2] Technology Adoption - Legal departments with a formalized technology roadmap have reached an all-time high of 53%, more than double the 25% from the previous year [3] - Approximately 70% of legal departments plan to invest in new technologies within the next 12 months, indicating a growing emphasis on technology in legal strategies [3] Generative AI Usage - Respondents expressed the highest comfort levels with generative AI for tasks such as legal research, e-discovery, document review, contract drafting, and contract analysis [4] - The most common use of generative AI is for summarization, with 83% of respondents either using or experimenting with it, followed by identifying contract clauses (63%) and audio/video transcription (53%) [4] Industry Trends - The report indicates a transition from the era of the "Luddite Lawyer" to the "TechnoLawyer," highlighting a substantial increase in the use of generative AI among chief legal officers, from 20% in 2023 to 87% in 2026 [5] - Insights from chief information officers included in this year's report suggest the emergence of "digital ambassadors" within legal departments, reflecting a new dynamic in legal and technology collaboration [5] Research Methodology - The findings are based on interviews with general counsel and chief legal officers, as well as a quantitative survey of over 200 general counsel across multiple regions, including South America, North America, Europe, and Asia Pacific [7]
IQ.AI by FTI Technology Achieves Measurable Results Globally for World’s Largest In-House Legal Teams and Law Firms, Adds IQ.AI Studio
Globenewswire· 2026-03-10 11:30
Core Insights - FTI Consulting's IQ.AI is gaining traction among major corporate legal departments and law firms, showcasing its comprehensive generative AI capabilities [1][2][3] - The introduction of IQ.AI Studio enhances the flexibility and scalability of the solution, allowing clients to create and reuse custom generative AI tasks [4][5] Product Features - IQ.AI combines proprietary workflows with generative AI technology, proving effective in various legal contexts such as antitrust reviews and data breach analyses [2][3] - The solution offers global access to leading large language models and a library of pre-built tasks tailored for legal use cases [5] - New agentic capabilities will enable automation of specific workflows, enhancing collaboration and efficiency among legal teams [6] Performance Metrics - Recent implementations of IQ.AI have resulted in significant time savings, including 250 days saved in manual privilege review and the ability to process over 3 million documents on time [7] - The solution has successfully extracted personally identifiable information from 1 million documents in just four days during a data breach response [7] Client Engagements - FTI Technology assisted a law firm in a case involving anti-competitive behavior, significantly reducing document review time through the use of IQ.AI [8] - Corporate legal departments are increasingly adopting AI to streamline manual tasks and improve collaboration between in-house and external counsel [9] Company Overview - FTI Consulting is a global expert firm with over 8,100 employees and generated $3.80 billion in revenue in fiscal year 2025 [10]
IQ.AI by FTI Technology Achieves Measurable Results Globally for World's Largest In-House Legal Teams and Law Firms, Adds IQ.AI Studio
Globenewswire· 2026-03-10 11:30
Core Insights - FTI Consulting, Inc. has reported growing adoption of its IQ.AI technology among major corporate legal departments and law firms, alongside the introduction of IQ.AI Studio, a library of AI tasks and models [1][3] Company Overview - FTI Consulting is a leading global expert firm specializing in crisis and transformation, with over 8,100 employees across 32 countries as of December 31, 2025, and generated $3.80 billion in revenue during fiscal year 2025 [11] Product Development - IQ.AI, launched in 2024, integrates proprietary workflows with generative AI technology, demonstrating effectiveness in various legal contexts such as antitrust reviews and complex investigations across multiple regions [2][4] - The addition of IQ.AI Studio enhances the flexibility and scalability of the solution, allowing clients to create and reuse custom AI tasks, leading to improved consistency and cost savings [4][5] Client Benefits - Clients report that IQ.AI offers extensive generative AI capabilities for legal and regulatory applications, addressing challenges posed by AI fatigue and evolving regulations [4] - The technology has shown significant time savings in various legal processes, such as reducing manual review time by approximately 250 days and enabling the review of over 3 million documents on time [8][9] Technological Integration - IQ.AI is integrated with FTI Technology's emerging data solutions, enhancing the contextualization and summarization of data from various sources, which supports legal teams in automating workflows and improving collaboration [6][7] Future Developments - Clients will gain early access to new capabilities focused on specific legal use cases, further enhancing the efficiency of legal and compliance teams [6] - FTI Technology is actively promoting IQ.AI at industry events, showcasing its applications in various legal scenarios and providing insights into upcoming features [10]
FTI Consulting Elects Angela Nam as Chief Financial Officer
Globenewswire· 2026-03-09 11:30
Core Viewpoint - FTI Consulting, Inc. has appointed Angela Nam as Chief Financial Officer, effective May 1, 2026, bringing extensive financial expertise and leadership experience to the company [1][7]. Company Overview - FTI Consulting, Inc. is a global expert firm specializing in crisis and transformation, with over 8,100 employees across 32 countries as of December 31, 2025 [8]. - The company generated $3.80 billion in revenues during the fiscal year 2025 [8]. Leadership Appointment - Angela Nam has a strong background in finance and accounting, having led finance organizations through various stages, including private equity-backed companies and multinational publicly traded firms [2]. - Prior to her appointment, Ms. Nam served as Chief Financial Officer and Chief Accounting Officer at FTAI Aviation Ltd., where she oversaw significant growth, with revenues increasing from $708 million in 2022 to $2.5 billion in 2025 [3][4]. Previous Experience - Before joining FTAI Aviation Ltd., Ms. Nam was a Senior Vice President of Private Equity at Fortress Investment Group LLC, focusing on transaction advisory processes for IPOs, spin-offs, and acquisitions [5]. - Ms. Nam began her career at KPMG LLP, where she spent 10 years advising large public and private companies on audit and complex accounting matters [6]. Executive Commentary - Steven H. Gunby, CEO and Chairman of FTI Consulting, expressed enthusiasm about Ms. Nam's appointment, highlighting her financial expertise and operational judgment [7]. - Ms. Nam expressed her excitement about joining FTI Consulting and contributing to the company's sustainable growth strategy [7].
FTI Consulting Stock Barely Moves Despite Q4 Earnings and Revenue Beat
ZACKS· 2026-03-04 16:11
Core Insights - FTI Consulting, Inc. (FCN) reported strong fourth-quarter 2025 results, with earnings and revenues exceeding the Zacks Consensus Estimate, yet the stock price remained stable post-earnings release [1] Financial Performance - Quarterly adjusted EPS was $1.78, surpassing the Zacks Consensus Estimate by $0.39 and reflecting a year-over-year increase of 14.1% [2] - Total revenues reached $990.7 million, exceeding the consensus estimate of $911.4 million and showing a year-over-year growth of 10.7% [2] Segmental Revenues - Technology revenues increased by 9.3% year over year to $99 million, driven by higher demand for M&A-related "second request" services [3] - Economic Consulting revenues fell by 14.5% year over year to $176.2 million, impacted by lower demand for antitrust services, partially offset by increased demand for financial economics services [3] - Corporate Finance revenues surged by 26.1% year over year to $423.2 million, attributed to higher demand and realized bill rates for turnaround and restructuring services [4] - Strategic Communications revenues rose by 12.8% year over year to $99.4 million, fueled by increased demand for corporate reputation services [4] - Forensic and Litigation Consulting revenues grew by 9.7% year over year to $192.9 million, driven by higher realized bill rates for risk and investigations services [5] Margin Expansion - Adjusted EBITDA was $106.2 million, representing a year-over-year increase of 44.1%, with the adjusted EBITDA margin rising by 250 basis points to 10.7% [6] Balance Sheet and Cash Flow - FCN ended the quarter with cash and cash equivalents of $265.1 million, up from $146 million in the prior quarter, while long-term debt decreased to $365 million from $510 million [7] - The company generated $359.8 million in cash from operating activities during the quarter, with capital expenditures amounting to $8.4 million [7] 2026 Guidance - FCN projects full-year 2026 EPS to range between $8.90 and $9.60, with the midpoint lower than the Zacks Consensus Estimate of $9.30 per share [8] - Revenue expectations for 2026 are set between $3.94 billion and $4.10 billion, with the midpoint slightly above the Zacks Consensus Estimate of $4.01 billion [8] Summary - FCN exceeded Q4 estimates with an EPS of $1.78 and revenues of $990.7 million, marking a 10.7% year-over-year increase, with Corporate Finance revenues experiencing a notable 26.1% growth [9] - The company expanded its EBITDA margin to 10.7% and raised its 2026 revenue outlook above consensus estimates [9]
FTI Consulting Bolsters Mining Sector Expertise in Australia with Addition of Carrie Grimes
Globenewswire· 2026-03-02 21:30
Core Insights - FTI Consulting has appointed Carrie Grimes as a Senior Managing Director in the Business Transformation – Mining practice within its Corporate Finance segment in Australia [1][2] - Ms. Grimes brings over 20 years of experience in strategic transformation programs across various industries, including mining, oil and gas, utilities, and infrastructure [2] - Her role will focus on assisting global mining clients in navigating challenges related to resource and energy transition while capitalizing on industry opportunities [3] Company Overview - FTI Consulting is a leading global expert firm specializing in crisis and transformation, with over 8,100 employees in 32 countries as of December 31, 2025 [6] - The company generated $3.80 billion in revenues during the fiscal year 2025 [6] Industry Context - The global energy transition and geopolitical tensions are influencing commodity markets, production, capital costs, and capital flows, necessitating change within the mining industry [4] - The firm aims to enhance its capabilities in operations improvement, which is critical for asset-intensive organizations [5]
Reasons Why You Should Add FTI Consulting Stock to Your Portfolio
ZACKS· 2026-03-02 17:51
Core Insights - FTI Consulting, Inc. (FCN) is positioned as a global expert firm for organizations facing crises and transformation, making it an attractive investment opportunity for investors [1] Investment Appeal - FCN holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong investment potential [2] - The company has seen a positive revision in earnings estimates, with a 2.2% increase for 2026 over the past 60 days, reflecting analyst confidence [3][10] - FCN has a strong earnings surprise history, exceeding the Zacks Consensus Estimate by an average of 26.2% over the last four quarters [3][10] Growth Prospects - The Zacks Consensus Estimate for FCN's earnings is projected at $9.3 per share, representing a year-over-year growth of 5.3% [4] - FCN's revenue growth is supported by diversified offerings, with 37% of revenues coming from international operations in 2025. Revenue estimates for 2026 and 2027 are $3.9 billion and $4.2 billion, indicating year-over-year growth of 5.1% and 4.3%, respectively [5] Shareholder Value - FCN is committed to returning value to shareholders through share buybacks, repurchasing 5.3 million shares for $858.6 million in 2025, a significant increase from $10.2 million in the previous year. This action raised return on equity by 230 basis points to 15.4% [6][10] Financial Strength - As of December 2025, FCN has a strong balance sheet with $265 million in cash and no current debt, enhancing its liquidity with a current ratio of 1.56, surpassing the industry average of 1.19 [7]