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FTI Consulting, Inc. - FCN STOCK NEWS

Welcome to our dedicated page for FTI Consulting news (Ticker: FCN), a resource for investors and traders seeking the latest updates and insights on FTI Consulting stock.

FTI Consulting, Inc. (NYSE: FCN) is a leading global business advisory firm committed to helping organizations manage change, mitigate risk, and resolve disputes. Headquartered in Washington, D.C., FTI Consulting operates with more than 8,000 professionals in 31 countries, delivering expert services across various domains.

The firm segments its operations into five critical areas:

  • Corporate Finance and Restructuring: Specializes in business transformation, strategy, and restructuring services, providing solutions for optimal financial performance.
  • Forensic and Litigation Consulting: Offers expertise in investigations, dispute resolution, and forensic accounting to support clients facing legal complexities.
  • Economic Consulting: Delivers strategic consulting on economic issues, antitrust matters, and financial economics, aiding clients in navigating complex regulatory environments.
  • Technology: Focuses on M&A-related services, litigation support, and leveraging digital tools to streamline business processes and enhance decision-making.
  • Strategic Communications: Provides services in public affairs, corporate reputation management, and communication strategies to mitigate risks and strengthen client relations.

FTI Consulting serves a diverse clientele, including sectors like construction, energy, environmental, healthcare, insurance, real estate, retail, telecom, media, and technology. The majority of its revenue is generated within the United States, with the Corporate Finance segment being the largest contributor.

In recent developments, FTI Consulting has expanded its global aviation offering with the appointment of Frank Martin, enhancing their capability to navigate aviation sector challenges. The firm also focuses on digital transformation, highlighted by the appointment of Shubho Ghosh to bolster their Business Transformation practice, aiding clients in developing and implementing digital strategies for revenue growth and operational efficiency.

Financially, FTI Consulting reported a revenue increase to $3.49 billion for the year 2023, reflecting a 15.2% rise from the previous year, attributed to higher demand across all segments. The firm maintains a robust financial position with net income of $274.9 million and a steady cash flow, underpinned by strategic investments in talent and digital transformation initiatives.

FTI Consulting's commitment to delivering value extends to its private equity services, led by Jiva J. Jagtap, focusing on value creation and post-transaction strategies. The firm is also proactive in cybersecurity, addressing communication gaps between CISOs and the C-suite to enhance organizational resilience against evolving cyber threats.

For more information, visit www.fticonsulting.com or contact their investor relations team.

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FTI Consulting (NYSE: FCN) has appointed Kurt Staelens as Senior Managing Director in its Retail & Consumer Products practice, focusing on Corporate Finance & Restructuring. With over 30 years in retail, Staelens specializes in digital commerce and personalized marketing. His experience includes leading digital transformation initiatives that delivered significant revenue growth. Staelens aims to help clients adapt to changing consumer behaviors and rising costs, leveraging data-driven solutions for improved financial performance and supply chain efficiency. FTI Consulting reported revenues of $2.78 billion in FY 2021.

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FTI Consulting, Inc. (NYSE: FCN) has announced the release date for its financial results for the fourth quarter and full year ended December 31, 2022. The results will be available before the New York market opens on February 23, 2023. Following this, a conference call is scheduled for the same day at 9:00 a.m. Eastern Time, hosted by senior management. The call will be accessible via the company’s investor relations website and a replay will be available for 90 days. FTI Consulting reported revenues of $2.78 billion for fiscal year 2021 and operates globally with over 7,500 employees across 31 countries.

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FTI Consulting, Inc. (NYSE: FCN) announced the appointment of Michael Baumkirchner as Senior Managing Director to lead the Esoteric Asset-backed Securitization offering within its Lender Services practice. With 25 years of experience from Ankura Consulting Group, Baumkirchner will enhance the firm's consultancy on capital markets transactions and corporate restructurings. His background includes advisory services for issuers, underwriters, and lenders, particularly in sectors like oil and gas, aircraft, and intellectual property. The firm aims to support clients in maximizing value through comprehensive transaction advisory services.

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FTI Consulting announced key appointments in Riyadh, Saudi Arabia, with Majdi Al-Madani joining as Senior Managing Director and Raed Masri as Managing Director. Al-Madani brings over 20 years of experience in forensic consulting and fraud investigations across various sectors. His colleague, Sara Gassam, also joins as a Director specializing in investigations. Masri adds 14 years of expertise in financial due diligence and valuations. These hires align with FTI's growth strategy in Saudi Arabia, aiming to address increasing regulatory challenges faced by businesses. The firm enhances its service offerings in forensic and corporate finance consulting in the region.

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FTI Consulting (NYSE: FCN) has appointed Edwina Tam as Senior Managing Director in its Economic Consulting segment in Hong Kong. With over 20 years of experience in litigation and complex disputes, Ms. Tam will enhance the firm’s valuation services, particularly in the Greater China region. Prior to this role, she led financial advisory at Deloitte, specializing in business and intangible asset valuations. Her extensive background spans various sectors, including private equity and financial services. This appointment aims to strengthen FTI Consulting's expert-driven consulting capabilities in the Asia Pacific, supporting clients in navigating economic challenges.

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FTI Consulting (NYSE: FCN) has appointed Juan Montanez as Senior Managing Director and Cindy Ward as Managing Director within its Health Solutions practice. Montanez, with 30 years in healthcare payment models, will focus on IT needs assessments and technology governance. Ward brings over 20 years of experience in government health programs, specializing in Medicaid managed care. Both appointments aim to enhance the firm's ability to help clients address complex healthcare challenges and modernize systems in an evolving regulatory landscape.

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DUBAI, UAE, Jan. 17, 2023 – FTI Consulting (NYSE: FCN) announced the appointment of Nilesh Ashar as Senior Managing Director and Sameep Uchil as Managing Director at its Dubai International Financial Centre office. The appointments aim to enhance the company’s tax services, focusing on M&A tax, corporate tax, transfer pricing, and VAT for Middle Eastern clients. Ashar, with over 25 years of experience, will oversee the Middle East tax practice, while Uchil will concentrate on M&A-related tax matters. This expansion reflects a growing demand for tax advisory services amid evolving tax regulations in the region, as noted by Vikas Papriwal, Head of Corporate Finance & Restructuring in the Middle East.

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On January 16, 2023, FTI Consulting (NYSE: FCN) announced the appointment of three Senior Managing Directors to enhance its capabilities in Australia. Wouter Veugelen, Hayden White, and Michael Khoury bring substantial expertise in Cybersecurity, Corporate Finance & Restructuring, and Technology, respectively. Veugelen has 20 years in cybersecurity, White specializes in corporate recovery, and Khoury focuses on digital forensics. These additions aim to bolster the firm's offerings amid increasing cyber threats and regulatory challenges. FTI Consulting continues its commitment to investing in talent to better serve its clients' evolving needs.

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FTI Consulting (NYSE: FCN) has appointed Yvette Austin Smith as Senior Managing Director and Chair of its Global Finance practice at Compass Lexecon. Smith, a finance expert in various fields including valuation, bankruptcy, and M&A, will lead the New York office and enhance the firm's advisory capabilities. She previously chaired the Board at The Brattle Group and expressed eagerness to strengthen Compass Lexecon's market position. The company generated $2.78 billion in revenue during fiscal year 2021, emphasizing its commitment to tackling complex challenges for clients globally.

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FAQ

What is the current stock price of FTI Consulting (FCN)?

The current stock price of FTI Consulting (FCN) is $192.91 as of December 27, 2024.

What is the market cap of FTI Consulting (FCN)?

The market cap of FTI Consulting (FCN) is approximately 6.9B.

What services does FTI Consulting offer?

FTI Consulting provides services in corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications.

What industries does FTI Consulting serve?

FTI Consulting serves a range of industries including construction, energy, environmental, healthcare, insurance, real estate, retail, telecom, media, and technology.

Where is FTI Consulting headquartered?

FTI Consulting is headquartered in Washington, D.C.

How many employees does FTI Consulting have?

FTI Consulting employs more than 8,000 professionals worldwide.

What recent developments have occurred at FTI Consulting?

Recent developments include the appointment of Frank Martin to expand their aviation services and Shubho Ghosh to enhance their digital transformation capabilities.

What was FTI Consulting's revenue for the year 2023?

FTI Consulting reported revenues of $3.49 billion for the year 2023.

Which segment contributes the most to FTI Consulting's revenue?

The Corporate Finance segment contributes the most to FTI Consulting's revenue.

How does FTI Consulting support private equity clients?

FTI Consulting provides value creation and post-transaction strategies through its Private Equity service offering, led by Jiva J. Jagtap.

What cybersecurity services does FTI Consulting offer?

FTI Consulting offers cybersecurity services through its Cybersecurity & Data Privacy Communications practice, addressing communication gaps and enhancing organizational resilience.

Where can I find more information about FTI Consulting?

More information can be found on their website, www.fticonsulting.com.

FTI Consulting, Inc.

NYSE:FCN

FCN Rankings

FCN Stock Data

6.93B
35.41M
1.46%
97.89%
0.76%
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