The Financial Restructuring division, focused on helping distressed companies, posted a 9% year-over-year revenue increase (GAAP), supported by a higher number of closed transactions and stable headcount at 58 Managing Directors. Leadership cautioned that this activity tends to be cyclical and that restructuring demand sees seasonal peaks, often in later quarters of the year. The Financial and Valuation Advisory unit, which provides independent valuations and fairness opinions, achieved 16% GAAP revenue gro ...