{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-048863","form_type":"8-K","ticker":"FCN","cik":"0000887936","company_name":"FTI CONSULTING, INC","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.419897+00:00","generated_at":"2026-06-19T01:08:06.139190+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"FTI Consulting reports record FY2022 revenue $3.029B; Q4 revenue up 15% YoY; guides FY2023 revenue $3.33-3.47B","bullets":["Q4 2022 revenue $774.4M (+15% YoY); EPS $1.33 vs $1.07; Adjusted EPS $1.52 vs $1.13.","FY2022 revenue $3.029B (+9% YoY); EPS $6.58 vs $6.65; Adjusted EPS $6.77 vs $6.76.","Corporate Finance & Restructuring segment Q4 revenue $292.8M (+26.5% YoY); Adjusted Segment EBITDA $52.4M (17.9% margin).","Board authorized additional $400M share repurchase; Q4 repurchased 425,016 shares at avg $153.09.","FY2023 guidance: revenue $3.33B-$3.47B; EPS $6.80-$7.70; no expected difference between EPS and Adjusted EPS."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-048863","json":"https://secwatch.observer/filing/0001193125-23-048863.json","markdown":"https://secwatch.observer/filing/0001193125-23-048863.md","text":"https://secwatch.observer/filing/0001193125-23-048863.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887936/000119312523048863/0001193125-23-048863-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887936/000119312523048863/d472577d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T01:08:06.139190+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"70df3597046414120c1322b3fe3dcbabb6691f35","claim":"FTI CONSULTING, INC reported year ended December 31, 2022 results: revenue $3.029 billion, net income $235.5 million, EPS $6.58.","evidence_excerpt":"For the full year 2022, revenues of $3.029 billion increased $252.7 million, or 9.1%, compared to revenues of $2.776 billion in the prior year. Excluding the estimated negative impact from foreign currency translation (\"FX\"), revenues increased $339.8 million, or 12.2%, compared to the prior year. The increase in revenues was primarily due to higher demand in the Corporate Finance & Restructuring, Forensic and Litigation Consulting, Technology and Strategic Communications business segments. Net income of $235.5 million compared to $235.0 million in the prior year. The increase in net income was primarily due to higher revenues, which was largely offset by higher compensation, including the impact of a 12.3% increase in billable headcount, and a 19.2% increase in selling, general and administrative (\"SG&A\") expenses compared to the prior year. In full year 2022, there was an $8.3 million special charge recorded in the fourth quarter related to severance and other employee-related costs.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887936/000119312523048863/0001193125-23-048863-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2022"},{"label":"Revenue","value":"$3.029 billion"},{"label":"Net income","value":"$235.5 million"},{"label":"EPS","value":"$6.58"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e891fd4ca0b2de30e4dcdddf1d7a929f6cdc0550","claim":"FTI CONSULTING, INC reported quarter ended December 31, 2022 results: revenue $774.4 million, net income $47.5 million, EPS $1.33.","evidence_excerpt":"Fourth quarter 2022 revenues of $774.4 million increased $98.2 million, or 14.5%, compared to revenues of $676.2 million in the prior year quarter. Excluding the estimated negative impact from FX, revenues increased $124.3 million, or 18.4%, compared to the prior year quarter. Acquisition-related revenues contributed $3.5 million during the quarter. The increase in revenues was primarily due to higher demand across the Corporate Finance & Restructuring, Forensic and Litigation Consulting and Technology segments. Net income of $47.5 million compared to $38.2 million in the prior year quarter. The increase in net income was primarily due to higher revenues, which was partially offset by an increase in compensation, including the impact of a 12.3% increase in billable headcount, higher SG&A expenses, the aforementioned $8.3 million special charge, an increase in FX remeasurement losses and a higher effective tax rate compared to the prior year quarter. Adjusted EBITDA, which excludes the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/887936/000119312523048863/0001193125-23-048863-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended December 31, 2022"},{"label":"Revenue","value":"$774.4 million"},{"label":"Net income","value":"$47.5 million"},{"label":"EPS","value":"$1.33"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}