secwatch.observer — SEC 8-K summary
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Issuer:     FTI CONSULTING, INC (FCN)
CIK:        0000887936
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001193125-22-272462
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTI Consulting reports record Q3 revenues of $775.9M, up 10.5% YoY; EPS $2.15, meets guidance range
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- Q3 revenue $775.9M (+10.5% YoY); net income $77.3M vs $69.5M; adjusted EBITDA $99.0M (12.8% margin vs 14.3% in prior year).
- All segments grew: Corp Finance & Restructuring $265.4M (+6%), Economic Consulting $193.2M (+12%), Technology $84.9M (+31%), Forensic & Litigation $159.9M (+10%), Strategic Comm $72.4M (+4%).
- FY2022 guidance narrowed: revenue $2.965B-$3.025B (prev $2.920B-$3.045B), EPS $6.40-$6.80 (prev $6.40-$7.20); company sees no adjusted EPS difference.
- Q3 share repurchases: 127,791 shares for $20.4M at avg $159.87; $143.5M remaining under authorization. Cash $327M, net debt negative $10.8M.
- Tax benefit of $8.3M boosted EPS by $0.23; headcount grew 12.4% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887936/000119312522272462/0001193125-22-272462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887936/000119312522272462/d411851d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-272462

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