SYDNEY, July 28, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Sabine Bennett as a Senior Managing Director in the Australian Healthcare & Human Services practice. Ms. Bennett, who is based in Sydney, has more than 16 years of experience delivering large, complex, technology-enabled transformation programs for health, aged care and life sciences clients. In her role at FTI Consulting, she will bring her deep sector expertise to help clients strategise, design a ...

SYDNEY, July 28, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Sabine Bennett as a Senior Managing Director in the Australian Healthcare & Human Services practice. Ms. Bennett, who is based in Sydney, has more than 16 years of experience delivering large, complex, technology-enabled transformation programs for health, aged care and life sciences clients. In her role at FTI Consulting, she will bring her deep sector expertise to help clients strategise, design a ...

WASHINGTON, July 28, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Elizabeth (Liz) Goodman as a Senior Managing Director in the Healthcare and Life Sciences practice within the firm’s Strategic Communications segment. Dr. Goodman, who is based in Washington, D.C., joins FTI Consulting with more than 30 years of experience in healthcare, health insurance and health law and policy at the state and federal levels, including a focus on Medicare, Medicaid and long-t ...

WASHINGTON, July 28, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Elizabeth (Liz) Goodman as a Senior Managing Director in the Healthcare and Life Sciences practice within the firm’s Strategic Communications segment. Dr. Goodman, who is based in Washington, D.C., joins FTI Consulting with more than 30 years of experience in healthcare, health insurance and health law and policy at the state and federal levels, including a focus on Medicare, Medicaid and long-t ...

Core Insights - FTI Consulting reported Q2 2025 earnings that exceeded Wall Street expectations despite a mild decline in revenue and earnings per share compared to the previous year [1][2] - The company generated GAAP revenue of $943.7 million, surpassing estimates by $21.7 million, and GAAP earnings per share of $2.13, exceeding the $2.10 estimate [1][2] - The performance varied significantly across different business segments, with some experiencing growth while others faced challenges due to macroeconomic factors [1] Financial Performance - Q2 2025 GAAP revenue was $943.7 million, a decrease of 0.6% year-over-year from $949.2 million in Q2 2024 [2] - GAAP earnings per share fell by 9.0% from $2.34 in Q2 2024 to $2.13 in Q2 2025 [2] - Adjusted EBITDA decreased by 3.7% to $111.6 million from $115.9 million in the prior year [2] - Net income dropped 14.5% to $71.7 million from $83.9 million in Q2 2024 [2] - Operating margin was 10.5%, down from 11.0% in the previous year [2] Business Segments Overview - Corporate Finance & Restructuring segment reported $379.2 million in GAAP revenue, up 9.0% year-over-year, driven by increased demand for restructuring services [5] - Forensic and Litigation Consulting generated $186.5 million in GAAP revenue, a 10.0% increase, benefiting from higher bill rates [6] - Economic Consulting saw a significant decline in GAAP revenue to $191.7 million, down 17.0% due to reduced deal volume [7] - Technology unit's revenue fell 27.9% to $83.6 million, impacted by lower demand for merger-related projects [8] - Strategic Communications achieved strong growth with revenue up 20.8% to $102.7 million, driven by increased demand for reputation management services [10] Cash Flow and Balance Sheet - Cash generated from operations decreased to $55.7 million from $135.2 million in Q2 2024, primarily due to higher forgivable loan issuances and increased compensation payments [11] - Net debt rose to $317.2 million from a net cash position of $166.4 million a year earlier [11] - Total liabilities increased to $1.59 billion, reflecting higher long-term debt and commitments to retain talent [12] Future Guidance - Management updated FY2025 revenue guidance to a range of $3.66 billion to $3.76 billion, indicating flat growth compared to FY2024 [13] - Full-year GAAP earnings per share is projected between $7.24 and $7.84, with adjusted EPS forecasted between $7.80 and $8.40 [13] - The company highlighted potential declines in adjusted EPS for the first time in a decade due to ongoing weakness in certain segments [13]

Second quarter 2025 revenues of $943.7 million decreased $5.5 million, or 0.6%, compared to revenues of $949.2 million in the prior year quarter. Excluding the estimated positive impact from foreign currency ("FX") translation, revenues decreased $17.6 million, or 1.8%, compared to the prior year quarter. The decrease in revenues was due to lower revenues in the Economic Consulting and Technology segments, which was partially offset by higher revenues in the Corporate Finance & Restructuring, Forensic and L ...

Key Takeaways Q2 EPS of $2.13 beat by 14%, while revenues of $943.7M topped estimates but dipped 0.6% YoY.Tech and Economic Consulting revenues fell 27.9% and 17%, offset by strength in Restructuring and Comms.FCN guided 2025 revenues of $3.66B-$3.76B and EPS of $7.24-$7.84, with capex forecast of $29M-$36M.FTI Consulting, Inc. (FCN) reported impressive second-quarter 2025 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. However, the earnings beat had no impact on the market as ...

FTI Consulting (FCN) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $1.87 per share. This compares to earnings of $2.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.90%. A quarter ago, it was expected that this business advisory firm would post earnings of $1.79 per share when it actually produced earnings of $2.29, delivering a surprise of +27.93%.Over the last four quarter ...

Financial Data and Key Metrics Changes - The company reported revenues of $943.7 million for Q2 2025, a slight decrease from $949.2 million in the prior year quarter, but a sequential increase of $45.4 million or 5.1% from Q1 2025 [32] - Adjusted EBITDA for Q2 2025 was $111.6 million or 11.8% of revenue, compared to $115.9 million or 12.2% of revenues in the prior year quarter [34] - Earnings per share (EPS) decreased to $2.13 from $2.34 in the prior year quarter, but increased sequentially from $1.74 in Q1 2025 [33] Business Line Data and Key Metrics Changes - Corporate Finance and Restructuring achieved record revenues of $379.2 million, a 9% increase year-over-year, with adjusted segment EBITDA of $81.7 million or 21.5% of segment revenue [36] - Forensic and Litigation Consulting (FLC) revenues increased by 10% to $186.5 million, with adjusted segment EBITDA rising to $31.2 million or 16.7% of segment revenues [38] - Economic Consulting revenues decreased by 17% to $191.7 million, with adjusted segment EBITDA dropping to $14.2 million or 7.4% of segment revenues [41] - Technology segment revenues fell by 27.9% to $83.6 million, with adjusted segment EBITDA decreasing to $5.3 million or 6.3% of segment revenues [43] Market Data and Key Metrics Changes - The company noted a slowdown in demand for M&A related services, particularly impacting the technology segment due to regulatory changes [50] - The economic consulting segment faced challenges from lower demand for antitrust services, particularly in EMEA [50] Company Strategy and Development Direction - The company is focused on investing in talent and capabilities across its diverse business segments, despite facing headwinds in certain areas [52] - Management emphasized the resilience of the company's diverse portfolio, which allows for growth even when specific segments face challenges [52] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that 2025 has been a challenging year, with several negative factors impacting performance, yet the company has delivered solid results [5][8] - The outlook for the second half of the year includes expectations for gradual improvement in demand for M&A related services and continued strength in corporate finance and restructuring [50] Other Important Information - The company repurchased approximately 3.3 million shares in the first half of 2025, with $309.3 million remaining under its stock repurchase authorization [47] - The effective tax rate for Q2 2025 was 22%, compared to 18.2% in the prior year quarter [34] Q&A Session Summary Question: Can you elaborate on the divergence between economic consulting and technology segments? - The strength in economic consulting was primarily due to non-M&A related activity, while technology faced challenges from paused or canceled second requests [58] Question: What is the timeline for assessing the commercial capability of newly hired professionals? - It is expected that a better sense of their commercial capability will emerge in about a year [62] Question: What is driving the growth in the restructuring environment? - The growth is attributed to the best restructuring professionals globally and factors such as tariff impacts and liability management exercises [66] Question: Will the pace of hiring senior professionals continue through the end of the year? - The company has hired more senior professionals in the first half of the year than ever before and will continue to hire when great talent is available [73] Question: How do you assess the overall impact of US regulatory changes? - The overall impact is seen as more headwinds than tailwinds, particularly affecting the FLC and technology businesses [78]

FTI Consulting (FCN) Q2 2025 Earnings Call July 24, 2025 09:00 AM ET Speaker0Welcome to the FTI Consulting Second Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note, today's event is being recorded. I would now like to turn the conference over to Molly Hawkes, Head of Investor Relations.Please go ahead.Speaker1Good morning. Welcome to the FTI Consulting conference call to di ...