- First Quarter Revenues of $432.3 Million
- First Quarter Adjusted EPS of $0.57; Fully Diluted EPS of
$0.57
FTI Consulting, Inc. (NYSE:FCN) (the "Company"), the global
business advisory firm dedicated to helping organizations protect
and enhance their enterprise value, today released its financial
results for the quarter ended March 31, 2015.
For the quarter, revenues increased 1.6 percent to $432.3
million compared to $425.6 million in the prior year quarter. Fully
diluted earnings per share ("EPS") were $0.57 compared to $0.45 in
the prior year quarter. EPS in the prior year quarter included
remeasurement gains related to the reduction in the fair value of
estimated future contingent consideration payments for prior
acquisitions, which increased EPS by $0.04. Adjusted EPS were $0.57
and Adjusted EBITDA was $58.7 million, or 13.6 percent of revenues,
compared to Adjusted EPS of $0.41 and Adjusted EBITDA of $51.2
million, or 12.0 percent of revenues in the prior year quarter.
Adjusted EPS, Adjusted EBITDA and Adjusted Segment EBITDA are
non-GAAP financial measures defined elsewhere in this press release
and are reconciled to the most directly comparable GAAP measures in
the accompanying financial tables.
Commenting on these results, Steven H. Gunby, President and
Chief Executive Officer of FTI Consulting, said, "We are pleased
with our earnings per share of $0.57 even though the earnings
reflect, in part, some one-time benefits and a slow start to
investments. What is most gratifying and important is the ongoing
progress in our key change initiatives — most visibly this quarter
in our Corporate Finance/Restructuring and Strategic Communications
businesses — but in fact, across all of our business segments, as
these initiatives are building a solid foundation for sustainable
growth."
Cash Position
Net cash used by operating activities for the quarter was $51.3
million compared to net cash used by operating activities of $110.8
million in the prior year quarter. Cash and cash equivalents were
$225.3 million at March 31, 2015 compared to $77.0 million with
$20.0 million of short-term borrowings at March 31, 2014.
First Quarter Segment Results
Corporate Finance/Restructuring
Revenues in the Corporate Finance/Restructuring segment
increased 13.0 percent to $106.2 million in the quarter compared to
$94.0 million in the prior year quarter. The increase in revenues
was driven by higher demand for the segment's bankruptcy
restructuring and non-distressed service offerings in North America
and transaction advisory services in the Europe, Middle East and
Africa ("EMEA") region, which was partially offset by a continued
slowdown in the segment's Australia restructuring practice.
Adjusted Segment EBITDA was $22.5 million, or 21.2 percent of
segment revenues, compared to $11.0 million, or 11.7 percent of
segment revenues in the prior year quarter. The increase in
Adjusted Segment EBITDA margin was due to an increase in higher
margin bankruptcy and restructuring activity in North America and
growth in transaction advisory services in EMEA, which were
partially offset by lower restructuring activity in Australia.
Forensic and Litigation Consulting
Revenues in the Forensic and Litigation Consulting segment
increased 1.5 percent to $123.3 million in the quarter compared to
$121.4 million in the prior year quarter. The increase in revenues
was driven by higher demand in the segment's health solutions,
global construction solutions and investigations practices, which
was partially offset by declines in the financial and enterprise
data analytics practice. Adjusted Segment EBITDA was $22.1 million,
or 17.9 percent of segment revenues, compared to $26.5 million, or
21.8 percent of segment revenues in the prior year quarter. The
decrease in Adjusted Segment EBITDA margin was due to lower
utilization as we continue to increase staffing in order to expand
our capabilities, coupled with higher recruiting, travel and
marketing expenses, which more than offset the improvement in
margin in the segment's health solutions practice.
Economic Consulting
Revenues in the Economic Consulting segment declined 0.7 percent
to $106.1 million in the quarter compared to $106.9 million in the
prior year quarter, including a 2.5 percent negative impact from
foreign currency translation ("FX"), which was largely offset by a
1.9 percent positive impact from acquisitions. Lower demand in
non-mergers and acquisitions ("M&A") related finance and
antitrust services was largely offset by higher M&A-related
antitrust services and higher demand for our international
arbitration, regulatory and valuation practices in EMEA. Adjusted
Segment EBITDA was $11.6 million, or 10.9 percent of segment
revenues, compared to $13.0 million, or 12.2 percent of segment
revenues in the prior year quarter. The decrease in Adjusted
Segment EBITDA margin was due to lower utilization in the finance
practice, higher variable compensation in the EMEA antitrust
practice and lower margins on revenue from acquisitions, which was
partially offset by increased utilization in international
arbitration, regulatory and valuation services and lower bad debt
and occupancy expenses.
Technology
Revenues in the Technology segment decreased 9.0 percent to
$54.7 million in the quarter compared to $60.1 million in the prior
year quarter. The decrease in revenues was primarily due to a
decline in large complex global investigation work and lower
consulting and services revenues. Adjusted Segment EBITDA was $10.1
million, or 18.4 percent of segment revenues, compared to $17.3
million, or 28.9 percent of segment revenues in the prior year
quarter. The decrease in Adjusted Segment EBITDA margin was due to
lower average price realization on consulting and services
revenues, higher research and development expenses and increased
investments in global services delivery, marketing and business
development.
Strategic Communications
Revenues in the Strategic Communications segment decreased 2.5
percent to $42.1 million in the quarter compared to $43.2 million
in the prior year quarter, which included a 7.0 percent unfavorable
impact from FX. Excluding the FX impact, revenues increased 4.4
percent primarily due to growth in project-based revenues in EMEA
and Asia Pacific. Adjusted Segment EBITDA was $5.8 million, or 13.7
percent of segment revenues, compared to $2.7 million, or 6.3
percent of segment revenues in the prior year quarter. The increase
in Adjusted Segment EBITDA margin was driven by an improved mix of
higher margin engagements and reduced headcount-related costs
resulting from cost savings activities initiated in 2014.
First Quarter 2015 Conference Call
FTI Consulting will host a conference call for analysts and
investors to discuss first quarter 2015 financial results at 9:00
a.m. Eastern Time on April 30, 2015. The call can be accessed live
and will be available for replay over the Internet for 90 days by
logging onto the Company's website at www.fticonsulting.com.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm
dedicated to helping organizations protect and enhance enterprise
value in an increasingly complex legal, regulatory and economic
environment. With more than 4,400 employees located in 26
countries, FTI Consulting professionals work closely with clients
to anticipate, illuminate and overcome complex business challenges
in areas such as investigations, litigation, mergers and
acquisitions, regulatory issues, reputation management, strategic
communications and restructuring. The company generated $1.76
billion in revenues during fiscal year 2014. More information can
be found at www.fticonsulting.com.
Use of Non-GAAP Measures
Note: We define Segment Operating Income (Loss) as a segment's
share of consolidated operating income (Loss). We define Total
Segment Operating Income (Loss) as the total of Segment Operating
Income (Loss) for all segments, which excludes unallocated
corporate expenses. We use Segment Operating Income for the purpose
of calculating Adjusted Segment EBITDA. We define Adjusted EBITDA
as consolidated net income (loss) before income tax provision,
other non-operating income (expense), depreciation, amortization of
intangible assets, remeasurement of acquisition-related contingent
consideration, special charges, goodwill impairment charges and
loss on early extinguishment of debt. We define Adjusted Segment
EBITDA as a segment's share of consolidated operating income before
depreciation, amortization of intangible assets, remeasurement of
acquisition-related contingent consideration, special charges and
goodwill impairment charges. We define Total Adjusted Segment
EBITDA as the total of Adjusted Segment EBITDA for all segments,
which excludes unallocated corporate expenses. We define Adjusted
EBITDA Margin as Adjusted EBITDA as a percentage of total revenues.
We define Adjusted Segment EBITDA Margin as Adjusted Segment EBITDA
as a percentage of a segment's share of revenue. We use Adjusted
Segment EBITDA to internally evaluate the financial performance of
our segments because we believe it is a useful supplemental measure
which reflects current core operating performance and provides an
indicator of the segment's ability to generate cash. We also
believe that these measures, when considered together with our GAAP
financial results, provide management and investors with a more
complete understanding of our operating results, including
underlying trends, by excluding the effects of remeasurement of
acquisition-related contingent consideration, special charges and
goodwill impairment charges. In addition, EBITDA is a common
alternative measure of operating performance used by many of our
competitors. It is used by investors, financial analysts, rating
agencies and others to value and compare the financial performance
of companies in our industry. Therefore, we also believe that these
measures, considered along with corresponding GAAP measures,
provide management and investors with additional information for
comparison of our operating results to the operating results of
other companies.
We define Adjusted Net Income and Adjusted Earnings per Diluted
Share ("Adjusted EPS") as net income (loss) and earnings per
diluted share, respectively, excluding the impact of remeasurement
of acquisition-related contingent consideration, special charges,
goodwill impairment charges and losses on early extinguishment of
debt. We use Adjusted Net Income for the purpose of calculating
Adjusted EPS. Management uses Adjusted EPS to assess total Company
operating performance on a consistent basis. We believe that this
measure, when considered together with our GAAP financial results,
provides management and investors with a more complete
understanding of our business operating results, including
underlying trends, by excluding the effects of remeasurement of
acquisition-related contingent consideration, special charges,
goodwill impairment charges and losses on early extinguishment of
debt. Non-GAAP financial measures are not defined in the same
manner by all companies and may not be comparable to other
similarly titled measures of other companies. Non-GAAP financial
measures should be considered in addition to, but not as a
substitute for or superior to, the information contained in our
Consolidated Statements of Comprehensive Income. Reconciliations of
GAAP to non-GAAP financial measures are included elsewhere in this
press release.
Safe Harbor Statement
This press release includes "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which involve uncertainties and risks. Forward-looking
statements include statements concerning our plans, objectives,
goals, strategies, future events, future revenues, future results
and performance, expectations, plans or intentions relating to
acquisitions and other matters, business trends and other
information that is not historical, including statements regarding
estimates of our future financial results. When used in this press
release, words such as "estimates," "expects," "anticipates,"
"projects," "plans," "intends," "believes," "forecasts" and
variations of such words or similar expressions are intended to
identify forward-looking statements. All forward-looking
statements, including, without limitation, estimates of our future
financial results, are based upon our expectations at the time we
make them and various assumptions. Our expectations, beliefs and
projections are expressed in good faith, and we believe there is a
reasonable basis for them. However, there can be no assurance that
management's expectations, beliefs and estimates will be achieved,
and the Company's actual results may differ materially from our
expectations, beliefs and estimates. Further, preliminary results
are subject to normal year-end adjustments. The Company has
experienced fluctuating revenues, operating income and cash flow in
prior periods and expects that this will occur from time to time in
the future. Other factors that could cause such differences include
declines in demand for, or changes in, the mix of services and
products that we offer, the mix of the geographic locations where
our clients are located or where services are performed, adverse
financial, real estate or other market and general economic
conditions, which could impact each of our segments differently,
the pace and timing of the consummation and integration of past and
future acquisitions, the Company's ability to realize cost savings
and efficiencies, competitive and general economic conditions,
retention of staff and clients and other risks described under the
heading "Item 1A Risk Factors" in the Company's most recent Form
10-K filed with the SEC and in the Company's other filings with the
SEC, including the risks set forth under "Risks Related to Our
Reportable Segments" and "Risks Related to Our Operations". We are
under no duty to update any of the forward looking statements to
conform such statements to actual results or events and do not
intend to do so.
FTI CONSULTING,
INC. |
CONDENSED CONSOLIDATED
STATEMENTS OF COMPREHENSIVE INCOME |
FOR THE THREE MONTHS
ENDED MARCH 31, 2015 AND 2014 |
(in thousands, except
per share data) |
(unaudited) |
|
|
|
|
Three Months
Ended March 31, |
|
2015 |
2014 |
|
|
|
Revenues |
$ 432,338 |
$ 425,552 |
|
|
|
Operating expenses |
|
|
Direct cost of revenues |
279,030 |
274,275 |
Selling, general and administrative
expenses |
102,214 |
108,387 |
Acquisition-related contingent
consideration |
234 |
(1,843) |
Amortization of other intangible
assets |
3,012 |
4,616 |
|
384,490 |
385,435 |
|
|
|
Operating income |
47,848 |
40,117 |
|
|
|
Other income (expense) |
|
|
Interest income and other |
(137) |
1,003 |
Interest expense |
(12,368) |
(12,655) |
|
(12,505) |
(11,652) |
|
|
|
Income before income tax
provision |
35,343 |
28,465 |
|
|
|
Income tax provision |
11,657 |
10,348 |
|
|
|
Net income |
$ 23,686 |
$ 18,117 |
|
|
|
Earnings per common share -
basic |
$ 0.59 |
$ 0.46 |
Earnings per common share -
diluted |
$ 0.57 |
$ 0.45 |
|
|
|
Weighted average common shares
outstanding - basic |
40,384 |
39,438 |
Weighted average common shares
outstanding - diluted |
41,324 |
40,457 |
|
|
|
Other comprehensive (loss) income,
net of tax: |
|
|
Foreign currency translation adjustments,
net of tax of $0 |
$ (20,482) |
$ 4,728 |
Total other comprehensive income
(loss), net of tax |
(20,482) |
4,728 |
Comprehensive
income |
$ 3,204 |
$ 22,845 |
|
FTI CONSULTING,
INC. |
OPERATING RESULTS BY
BUSINESS SEGMENT |
|
|
|
|
|
|
|
|
Revenues |
Adjusted
EBITDA |
Margin |
Utilization |
Average Billable
Rate |
Revenue- Generating
Headcount |
|
(in
thousands) |
|
|
|
(at period end) |
Three Months Ended March 31,
2015 |
|
|
|
|
|
|
Corporate Finance/Restructuring |
$ 106,212 |
$ 22,480 |
21.2% |
74% |
$ 374 |
735 |
Forensic and Litigation
Consulting |
123,265 |
22,071 |
17.9% |
68% |
$ 318 |
1,145 |
Economic Consulting |
106,081 |
11,556 |
10.9% |
73% |
$ 501 |
566 |
Technology (1) |
54,654 |
10,073 |
18.4% |
N/M |
N/M |
360 |
Strategic Communications (1) |
42,126 |
5,752 |
13.7% |
N/M |
N/M |
556 |
|
$ 432,338 |
71,932 |
16.6% |
|
|
3,362 |
Corporate |
|
(13,264) |
|
|
|
|
Adjusted EBITDA |
|
$ 58,668 |
13.6% |
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31,
2014 |
|
|
|
|
|
|
Corporate Finance/Restructuring |
$ 93,982 |
$ 10,951 |
11.7% |
70% |
$ 362 |
726 |
Forensic and Litigation
Consulting |
121,429 |
26,494 |
21.8% |
75% |
$ 317 |
1,076 |
Economic Consulting |
106,851 |
13,030 |
12.2% |
72% |
$ 523 |
538 |
Technology (1) |
60,063 |
17,348 |
28.9% |
N/M |
N/M |
321 |
Strategic Communications (1) |
43,227 |
2,729 |
6.3% |
N/M |
N/M |
584 |
|
$ 425,552 |
70,552 |
16.6% |
|
|
3,245 |
Corporate |
|
(19,356) |
|
|
|
|
Adjusted EBITDA |
|
$ 51,196 |
12.0% |
|
|
|
|
|
|
|
|
|
|
(1) The majority of the
Technology and Strategic Communications segments' revenues are not
generated based on billable hours. Accordingly, utilization
and average billable rate metrics are not presented as they are not
meaningful as a segment-wide metric. |
|
FTI CONSULTING,
INC. |
RECONCILIATION OF
NON-GAAP FINANCIAL MEASURES |
FOR THE THREE MONTHS
ENDED MARCH 31, 2015 AND 2014 |
(in thousands, except
per share data) |
|
|
|
|
Three Months
Ended March 31, |
|
2015 |
2014 |
|
|
|
Net income |
$ 23,686 |
$ 18,117 |
Add back: |
|
|
Remeasurement of acquisition-related
contingent consideration, net of tax effect (1) |
-- |
(1,350) |
Adjusted Net
Income |
$ 23,686 |
$ 16,767 |
|
|
|
Earnings per common share –
diluted |
$ 0.57 |
$ 0.45 |
Add back: |
|
|
Remeasurement of acquisition-related
contingent consideration, net of tax effect (1) |
-- |
(0.04) |
Adjusted EPS – diluted |
$ 0.57 |
$ 0.41 |
|
|
|
Weighted average number of common
shares outstanding – diluted |
41,324 |
40,457 |
(1) The tax effect takes into
account the tax treatment and related tax rate(s) that apply to
each adjustment in the applicable tax jurisdiction(s). The
effective tax rates for the adjustments related to the
remeasurement of acquisition-related contingent consideration for
the three months ended March 31, 2014 was 36.4%. The tax expense
related to the remeasurement of acquisition-related contingent
consideration for the three months ended March 31, 2014 was $0.8
million, or a $0.02 impact on diluted earnings per share. In the
three months ended March 31, 2015, there were no adjustments
related to the remeasurement of acquisition-related contingent
consideration. |
|
|
|
|
|
|
|
|
RECONCILIATION OF NET
INCOME AND OPERATING INCOME TO ADJUSTED EBITDA |
(in
thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31,
2015 |
Corporate Finance /
Restructuring |
Forensic and Litigation
Consulting |
Economic
Consulting |
Technology |
Strategic
Communications |
Corp HQ |
Total |
|
|
|
|
|
|
|
|
Net income |
|
|
|
|
|
|
$ 23,686 |
Interest income and other |
|
|
|
|
|
|
137 |
Interest expense |
|
|
|
|
|
|
12,368 |
Income tax provision |
|
|
|
|
|
|
11,657 |
Operating income |
$ 20,764 |
$ 20,474 |
$ 10,296 |
$ 6,198 |
$ 4,197 |
$ (14,081) |
$ 47,848 |
Depreciation and amortization |
782 |
1,015 |
952 |
3,677 |
565 |
817 |
7,808 |
Amortization of other intangible
assets |
934 |
582 |
308 |
198 |
990 |
-- |
3,012 |
Adjusted EBITDA |
$ 22,480 |
$ 22,071 |
$ 11,556 |
$ 10,073 |
$ 5,752 |
$ (13,264) |
$ 58,668 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31,
2014 |
Corporate Finance /
Restructuring |
Forensic and Litigation
Consulting |
Economic
Consulting |
Technology |
Strategic
Communications |
Corp HQ |
Total |
|
|
|
|
|
|
|
|
Net income |
|
|
|
|
|
|
$ 18,117 |
Interest income and other |
|
|
|
|
|
|
(1,003) |
Interest expense |
|
|
|
|
|
|
12,655 |
Income tax provision |
|
|
|
|
|
|
10,348 |
Operating income |
$ 8,607 |
$ 25,402 |
$ 12,430 |
$ 13,066 |
$ 1,005 |
$ (20,393) |
$ 40,117 |
Depreciation and amortization |
791 |
1,015 |
1,081 |
4,064 |
597 |
1,037 |
8,585 |
Amortization of other intangible
assets |
2,215 |
750 |
306 |
218 |
1,127 |
-- |
4,616 |
Remeasurement of acquisition-related
contingent consideration |
(662) |
(673) |
(787) |
-- |
-- |
-- |
(2,122) |
Adjusted EBITDA |
$ 10,951 |
$ 26,494 |
$ 13,030 |
$ 17,348 |
$ 2,729 |
$ (19,356) |
$ 51,196 |
|
|
|
|
|
|
|
|
|
FTI CONSULTING,
INC. |
CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS |
FOR THE THREE MONTHS
ENDED MARCH 31, 2015 AND 2014 |
(in
thousands) |
(unaudited) |
|
|
|
|
Three Months
Ended March 31, |
|
2015 |
2014 |
Operating activities |
|
|
Net income |
$ 23,686 |
$ 18,117 |
Adjustments to reconcile net income to net
cash used in operating activities: |
|
|
Depreciation and amortization |
7,808 |
8,585 |
Amortization of other intangible
assets |
3,012 |
4,616 |
Acquisition-related contingent
consideration |
234 |
(1,843) |
Provision for doubtful
accounts |
2,998 |
4,442 |
Non-cash share-based
compensation |
6,736 |
9,503 |
Non-cash interest expense |
671 |
675 |
Other |
(132) |
(443) |
Changes in operating assets and
liabilities, net of effects from acquisitions: |
|
|
Accounts receivable, billed and
unbilled |
(41,330) |
(71,474) |
Notes receivable |
(1,003) |
(26,088) |
Prepaid expenses and other assets |
3,583 |
11,927 |
Accounts payable, accrued expenses and
other |
15,959 |
18,815 |
Income taxes |
5,524 |
(684) |
Accrued compensation |
(74,987) |
(93,573) |
Billings in excess of services
provided |
(4,092) |
6,630 |
Net cash used in operating
activities |
(51,333) |
(110,795) |
|
|
|
Investing activities |
|
|
Payments for acquisition of businesses,
net of cash received |
-- |
(15,611) |
Purchases of property and equipment |
(8,876) |
(15,179) |
Other |
71 |
(10) |
Net cash used in investing
activities |
(8,805) |
(30,800) |
|
|
|
Financing activities |
|
|
Borrowings under revolving line of
credit, net |
-- |
20,000 |
Purchase and retirement of common
stock |
-- |
(4,367) |
Net issuance of common stock under equity
compensation plans |
4,031 |
(2,490) |
Deposits |
1,380 |
-- |
Other |
(85) |
(101) |
Net cash provided by
financing activities |
5,326 |
13,042 |
|
|
|
Effect of exchange rate changes on cash and
cash equivalents |
(3,573) |
(275) |
|
|
|
Net decrease in cash and cash
equivalents |
(58,385) |
(128,828) |
Cash and cash equivalents, beginning of
period |
283,680 |
205,833 |
Cash and cash equivalents, end of period |
$ 225,295 |
$ 77,005 |
|
FTI CONSULTING,
INC. |
CONDENSED CONSOLIDATED
BALANCE SHEETS |
AT MARCH 31, 2015 AND
DECEMBER 31, 2014 |
(in thousands, except
per share amounts) |
|
|
|
|
March 31, 2015 |
December 31,
2014 |
Assets |
(unaudited) |
|
Current assets |
|
|
Cash and cash equivalents |
$ 225,295 |
$ 283,680 |
Accounts receivable: |
|
|
Billed receivables |
382,333 |
381,464 |
Unbilled receivables |
290,297 |
248,462 |
Allowance for doubtful accounts and
unbilled services |
(159,345) |
(144,825) |
Accounts receivable, net |
513,285 |
485,101 |
Current portion of notes
receivable |
33,393 |
27,208 |
Prepaid expenses and other current
assets |
51,121 |
60,852 |
Current portion of deferred tax
assets |
24,840 |
27,332 |
Total current assets |
847,934 |
884,173 |
Property and equipment, net of accumulated
depreciation |
79,389 |
82,163 |
Goodwill |
1,201,652 |
1,211,689 |
Other intangible assets, net of
amortization |
72,264 |
77,034 |
Notes receivable, net of current portion |
115,263 |
122,149 |
Other assets |
54,867 |
53,319 |
Total assets |
$ 2,371,369 |
$ 2,430,527 |
|
|
|
Liabilities and Stockholders'
Equity |
|
|
Current liabilities |
|
|
Accounts payable, accrued expenses and
other |
$ 102,231 |
$ 99,494 |
Accrued compensation |
147,030 |
220,959 |
Current portion of long-term debt |
11,000 |
11,000 |
Billings in excess of services
provided |
30,894 |
35,639 |
Total current liabilities |
291,155 |
367,092 |
Long-term debt, net of current portion |
700,000 |
700,000 |
Deferred income taxes |
167,463 |
161,932 |
Other liabilities |
95,497 |
98,757 |
Total liabilities |
1,254,115 |
1,327,781 |
|
|
|
Stockholders' equity |
|
|
Preferred stock, $0.01 par value; shares
authorized ― 5,000; none outstanding |
-- |
-- |
Common stock, $0.01 par value; shares
authorized ― 75,000; shares issued and outstanding ― 41,485
(2015) and 41,181 (2014) |
415 |
412 |
Additional paid-in capital |
404,475 |
393,174 |
Retained earnings |
813,114 |
789,428 |
Accumulated other comprehensive loss |
(100,750) |
(80,268) |
Total stockholders'
equity |
1,117,254 |
1,102,746 |
Total liabilities and
stockholders' equity |
$ 2,371,369 |
$ 2,430,527 |
CONTACT: FTI Consulting, Inc.
1101 K Street NW
Washington, DC 20005
+1.202.312.9100
Investor & Media Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
FTI Consulting (NYSE:FCN)
Historical Stock Chart
From Mar 2024 to Apr 2024
FTI Consulting (NYSE:FCN)
Historical Stock Chart
From Apr 2023 to Apr 2024