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.
FTI Consulting announced the appointment of Charlie Armitstead as Senior Managing Director and UK Head of Capital Markets in the Strategic Communications segment. Armitstead, who has over 25 years of experience, joins from Teneo where he led the Financial Communications practice. His career began at Financial Dynamics (now FTI Consulting) in 1999. Armitstead's extensive experience across London, New York, and Washington, D.C. will be an asset to FTI Consulting as he aims to drive further growth both in the UK and internationally. His appointment is expected to enhance FTI Consulting's capabilities in navigating complex growth moments for large organizations globally.
FTI Consulting, Inc. has appointed Roy Huang as the Head of Asia & Caribbean, effective May 3, 2024. Mr. Huang will lead the growth of the Business Transformation practice in the region, strengthening core service capabilities and client relationships. Prior to joining FTI Consulting, he was a Partner at Boston Consulting Group with expertise in investment, business transformation, and mergers and acquisitions. Mr. Huang's appointment aims to drive growth and enhance the firm's position in critical crises and transformational events.
FTI Consulting, Inc. appointed Bryan Perry as a Senior Managing Director in the Center for Healthcare Economics and Policy. Perry brings over a decade of experience in antitrust and healthcare markets, specializing in economic analysis for commercial litigation. His role involves providing evidence-based analytics for cases like antitrust disputes, commercial litigation, and class-action lawsuits. Perry's expertise spans across various industries, including healthcare, consumer products, automotive, and technology.
FTI Consulting, Inc. (NYSE: FCN) has appointed Beji Varghese as a Senior Managing Director in their Financial Services practice. With over 25 years of consumer finance experience, Varghese will focus on leveraging technology to enhance compliance and improve efficiency for financial services clients. His role will involve identifying gaps, improving compliance, and utilizing technology to protect and enhance enterprise value. FTI Consulting aims to strengthen its consumer finance presence in Charlotte and the Southeast region through Varghese's appointment.
FAQ
What is the current stock price of FTI Consulting (FCN)?
What is the market cap of FTI Consulting (FCN)?
What services does FTI Consulting offer?
What industries does FTI Consulting serve?
Where is FTI Consulting headquartered?
How many employees does FTI Consulting have?
What recent developments have occurred at FTI Consulting?
What was FTI Consulting's revenue for the year 2023?
Which segment contributes the most to FTI Consulting's revenue?
How does FTI Consulting support private equity clients?
What cybersecurity services does FTI Consulting offer?
Where can I find more information about FTI Consulting?
