earnings
confidence high
sentiment negative
materiality 0.75
FTI Consulting Q1 revenue up 11.5% to $806.7M but EPS falls to $1.34 from $1.66
FTI CONSULTING, INC
2023-Q1 EPS reported
$1.34
revenue$806,706,000
- Revenue $806.7M (+11.5% YoY); organic growth 13.8% ex-FX. Net income $47.5M vs $59.3M prior year.
- GAAP EPS $1.34 vs $1.66; Adjusted EBITDA $78.4M (9.7% margin) down from $90.5M (12.5%).
- Corporate Finance & Restructuring segment revenue $300.0M (+18.4%) led growth; billable headcount up 11%.
- Cash used in ops $254.2M; net debt $122.7M at March 31, 2023. Repurchased $17.8M in shares.