secwatch.observer — SEC 8-K summary
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Issuer:     FTI CONSULTING, INC (FCN)
CIK:        0000887936
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001193125-23-127340
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTI Consulting Q1 revenue up 11.5% to $806.7M but EPS falls to $1.34 from $1.66
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887936/000119312523127340/0001193125-23-127340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887936/000119312523127340/d473528d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-127340

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer