Core Insights - The healthcare and life sciences industry is facing a challenging political and economic environment, with a 9% decrease in optimism compared to the previous year [1][8] - Key legislation is expected to impact supply chain and drug costs, with significant concerns about out-of-pocket costs for patients and supply chain disruptions [4] - Artificial Intelligence (AI) is identified as a crucial area for investment, with 59% of respondents planning to increase their budget for AI in 2026 [5] Political and Regulatory Challenges - Industry leaders are divided on the impact of President Trump's administration, with 51% viewing it positively and 49% negatively [4] - 64% of respondents believe the One Big Beautiful Bill Act will raise out-of-pocket costs for patients, while 56% anticipate increased supply chain disruptions due to the Most Favored Nation policy [4] Artificial Intelligence Development & Usage - 59% of industry leaders plan to allocate more budget to AI and large-language models in 2026 [5] - AI is expected to be implemented across various functions, including internal content development (41%), internal operations (38%), and financial analysis (37%) [5] - In communications, AI is seen as offering significant opportunities in social and digital communications (63%) and media engagement (48%) [5] Cybersecurity Concerns - 47% of respondents feel their organizations are vulnerable to cyber incidents [6] - Only 60% have a crisis communications plan in place, a decrease from 68% in 2025 [6] Transactions & Capital Markets Activity - 65% of respondents expect higher M&A activity in 2026, but only 54% are optimistic about increased IPO activity, a 7% drop from 2025 [7] - The fundraising environment is anticipated to be challenging, with only 28% believing it will be easier to raise capital in 2026 [7]

Industry Leaders Point to Challenging Political and Economic Environment Key Legislation Expected to Impact Supply Chain and Drug Costs Recent M&A Momentum Offset by Challenging Fundraising Environment Artificial Intelligence (AI) Seen as Key Investment Area WASHINGTON, Dec. 16, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced findings from its fifth annual U.S. Healthcare & Life Sciences Industry Outlook 2026, which revealed that leaders are less optimistic about the state of the i ...

Core Insights - FTI Consulting has appointed Mitch Harris as a Senior Managing Director in the Healthcare Risk Management & Advisory practice, enhancing its expertise in addressing regulatory and operational challenges in the healthcare sector [1][3][4] Company Overview - FTI Consulting, Inc. is a leading global expert firm specializing in crisis and transformation, with over 8,100 employees across 32 countries as of September 30, 2025 [5] - The company generated $3.70 billion in revenues during the fiscal year 2024, indicating strong financial performance [5] Industry Context - The healthcare industry is facing rising costs, increased regulatory complexity, and intensified oversight, leading to operational and financial volatility [4] - There is a growing demand for expert support and advice in navigating these challenges, highlighting the importance of FTI Consulting's services [4]

WASHINGTON, Dec. 09, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the Company’s Board of Directors has elected Rike Rabl as Chief Human Resources Officer, effective Jan. 1, 2026. Ms. Rabl, who joined FTI Consulting in 2020 and is based in Washington, D.C., will lead FTI Consulting’s global human capital strategy, including talent acquisition and development, workforce planning, and total rewards. In her role, she will work with segment and regional leaders to attract and gr ...

SINGAPORE, Dec. 03, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jason Leow as a Senior Managing Director within the firm’s Strategic Communications segment. Mr. Leow, who is based in Singapore, brings more than 25 years of experience in financial communications, C-suite advisory and stakeholder engagement across Asia, Europe and the United States. In his role at FTI Consulting, he will work closely with the Asia Leadership Team and the firm’s global Senior Ma ...

Core Insights - FTI Consulting has appointed four senior hires to enhance its Transformation practices in London, focusing on operational performance and transformation capabilities for Private Equity and Financial Services clients [1][2] Group 1: New Appointments - Jan Timmermann, Malvinder Singh, Rakhi Williams, and Irina Bakanova have joined FTI Consulting, with Timmermann and Singh as Senior Managing Directors and Bakanova as a Managing Director [1][2] - Timmermann brings over 25 years of experience and has led more than 80 private equity assignments, specializing in operational and carve-out due diligence [2][3] - Singh has extensive experience in technology and operational transformation projects for private equity firms, focusing on post-deal value creation [4][5] - Williams has led transformation programs for private equity and listed companies, focusing on value creation and operational performance [6][7] - Bakanova has expertise in strategy and digital transformation within financial institutions, previously serving as Head of Strategy at Zing, a fintech of HSBC [7] Group 2: Strategic Focus and Goals - The new hires will enhance FTI Consulting's capabilities in financial, operational, carve-out, and technology due diligence, positioning the firm to better support clients throughout the investment cycle [2] - Timmermann will lead the expansion of integrated operational due diligence solutions and post-deal value creation services for private equity clients [3] - Singh aims to help clients leverage advanced digital technologies to improve operational performance [5] - Williams will focus on expanding transformation and value creation solutions for private equity portfolio companies in the consumer and TMT sectors [6] - Bakanova's role will involve driving strategy and innovation within financial institutions [7] Group 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 September 30, 2025 [8] - The company generated $3.70 billion in revenues during fiscal year 2024 [8]

Core Insights - FTI Consulting has appointed four senior hires to enhance its Transformation practices in London, focusing on operational performance and transformation capabilities for Private Equity and Financial Services clients [1][2] Group 1: Appointments and Expertise - Jan Timmermann, Malvinder Singh, Rakhi Williams, and Irina Bakanova have joined FTI Consulting, bringing complementary expertise in deal execution, transformation, and value creation [2] - Mr. Timmermann has over 25 years of experience and has led more than 80 private equity assignments, specializing in operational and carve-out due diligence [2][3] - Mr. Singh has extensive experience in technology and operational transformation projects for private equity firms, focusing on post-deal value creation [4][5] - Ms. Williams has led transformation programs for private equity and listed companies, focusing on value creation and operational performance [6] - Ms. Bakanova has expertise in strategy, innovation, and digital transformation within financial institutions, previously serving as Head of Strategy at Zing, a fintech of HSBC [7] Group 2: Company Growth and Strategy - FTI Consulting aims to enhance its capabilities in financial, operational, carve-out, and technology due diligence to better support clients throughout the investment cycle [2] - The firm generated $3.70 billion in revenues during fiscal year 2024, indicating strong financial performance [8] - FTI Consulting employs over 8,100 staff across 32 countries, showcasing its global reach and operational scale [8]

Core Insights - FTI Consulting has enhanced its Tax Advisory team in the EMEA region by adding two senior experts, Marcus Rea and Thomas Lassey [1][3] Group 1: New Appointments - Marcus Rea joins as Senior Managing Director with over 25 years of experience in tax aspects of complex restructurings and financial transactions [2][4] - Thomas Lassey has been appointed as Managing Director, bringing 13 years of experience in indirect and direct tax compliance and advisory [2][5] Group 2: Expertise and Roles - Mr. Rea's expertise includes lending reviews, distressed M&A, and strategic capital decisions for underperforming businesses, and he will lead the expansion of the pan-European restructuring tax advisory team [3][4] - Mr. Lassey will lead the VAT service offering for family groups, multinational organizations, and sovereign wealth funds in Abu Dhabi [5][6] Group 3: Company Strategy and Vision - The addition of Rea and Lassey is aimed at enhancing FTI Consulting's ability to support clients on tax implications of corporate and transactional matters in a challenging market [3][6] - The company emphasizes the importance of high-quality tax advisory expertise as a vital part of its corporate finance offering [6] Group 4: Company Overview - FTI Consulting is a leading global expert firm with over 8,100 employees in 32 countries, generating $3.70 billion in revenues during fiscal year 2024 [7]

Core Insights - FTI Consulting, Inc. (FCN) reported strong third-quarter 2025 results, with both earnings and revenues exceeding the Zacks Consensus Estimate [1][11] - Following the positive results and raised guidance for 2025 earnings, FCN's stock increased by 2.7% since the earnings release on October 23 [1] - FCN expects full-year EPS to be between $8.20 and $8.70, surpassing the Zacks Consensus Estimate of $7.96 [1][10] Financial Performance - Quarterly adjusted EPS was $2.60, beating the Zacks Consensus Estimate by 34.7% and increasing 40.5% year over year [2][9] - Total revenues reached $956.2 million, exceeding the consensus estimate by 1.4% but declining 3.3% year over year [2][9] Segment Performance - Technology revenues decreased by 14.8% year over year to $94.08 million, primarily due to lower demand for M&A-related services [3] - Economic Consulting revenues fell 22% year over year to $173.09 million, driven by reduced demand for M&A-related antitrust services [3] - Corporate Finance & Restructuring revenues increased by 18.6% year over year to $379.2 million, attributed to higher demand for restructuring services [4] - Strategic Communications revenues rose by 20.8% year over year to $405 million, driven by increased demand for corporate reputation services [4] - Forensic and Litigation Consulting revenues grew by 15.4% year over year to $195 million, supported by higher realized bill rates for risk and investigations services [5] Margin and Cash Flow - Adjusted EBITDA was $130.6 million, up 26.8% year over year, with an adjusted EBITDA margin of 13.7%, an increase of 260 basis points [6][9] - FCN ended the quarter with cash and cash equivalents of $145.97 million, down from $152.8 million in the previous quarter, and generated $201.9 million from operating activities [7] Guidance - FCN now estimates full-year 2025 revenues to be between $3.685 billion and $3.735 billion, aligning with the Zacks Consensus Estimate of $3.71 billion [8]

Financial Performance - Third quarter 2025 revenues reached $956.2 million, an increase of $30.1 million or 3.3% compared to $926.0 million in the prior year quarter[3] - Net income for the third quarter 2025 was $82.8 million, up from $66.5 million in the prior year quarter, reflecting a significant increase due to higher revenues and lower SG&A expenses[3] - Adjusted EBITDA for the third quarter 2025 was $130.6 million, representing 13.7% of revenues, compared to $102.9 million or 11.1% of revenues in the prior year quarter[3] - Earnings per diluted share (EPS) for the third quarter 2025 was $2.60, a 41% increase from $1.85 in the prior year quarter[5] - Operating income for Q3 2025 was $117,670 thousand, up from $90,892 thousand in Q3 2024, representing a 29.5% increase[27] - Comprehensive income for Q3 2025 was $77,902 thousand, down from $95,218 thousand in Q3 2024[27] - Net income for the three months ended September 30, 2024, was $66,466,000, while for the nine months it was $230,378,000[33] - Adjusted EBITDA for the three months ended September 30, 2024, was $102,948,000, and for the nine months it was $329,942,000, reflecting a margin of 11.1% and 12.8% respectively[35] Segment Performance - Corporate Finance & Restructuring segment revenues increased by $63.4 million or 18.6% to $404.9 million, driven by higher demand for restructuring services[9] - Forensic and Litigation Consulting segment revenues rose by $25.9 million or 15.4% to $194.7 million, attributed to increased demand for risk and investigations services[10] - Economic Consulting segment revenues decreased by $48.9 million or 22.0% to $173.1 million, primarily due to lower demand for non-M&A-related antitrust services[11] - Technology segment revenues fell by $16.3 million or 14.8% to $94.1 million, mainly due to reduced demand for M&A-related services[12] - Corporate Finance & Restructuring segment revenue for the three months ended September 30, 2024, was $341,512,000, with an adjusted EBITDA of $57,919,000, resulting in an EBITDA margin of 17.0%[35] - Forensic and Litigation Consulting segment revenue for the same period was $168,778,000, with an adjusted EBITDA of $19,991,000, yielding an EBITDA margin of 11.8%[35] - Economic Consulting segment reported revenue of $222,033,000 and adjusted EBITDA of $35,244,000, achieving a margin of 15.9%[35] Guidance and Projections - The company updated its full year 2025 guidance, estimating revenues between $3.685 billion and $3.735 billion, with EPS ranging from $7.62 to $8.12[14] - Guidance for diluted EPS for the year ended December 31, 2025 is estimated between $7.62 and $8.12[31] Balance Sheet and Cash Flow - As of September 30, 2025, total debt, net of cash, was $364.0 million, an increase attributed to share repurchases[7] - Total assets decreased to $3,489,785 thousand as of September 30, 2025, from $3,596,830 thousand as of December 31, 2024[25] - Total liabilities increased to $1,740,130 thousand as of September 30, 2025, compared to $1,338,540 thousand as of December 31, 2024[25] - Net cash used in operating activities for the nine months ended September 30, 2025, was $(207,624,000), compared to $79,782,000 for the same period in 2024[37] - The company reported a significant increase in borrowings under the revolving line of credit, totaling $1,040,000,000 for the nine months ended September 30, 2025[37] - Cash and cash equivalents at the end of the period were $145,967,000, down from $386,344,000 at the same time last year[37] Special Charges - Special charges for the nine months ended September 30, 2025, amounted to $25,295 thousand, with no special charges reported in the same period of 2024[29] Average Billable Rate - The average billable rate for Corporate Finance & Restructuring was $533, with a billable headcount of 2,312 as of September 30, 2025[35]