secwatch.observer — SEC 8-K summary
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Issuer:     FTI CONSULTING, INC (FCN)
CIK:        0000887936
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001193125-23-197772
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 Q2 revenue up 14.5% to $864.6M; lowers FY2023 EPS guidance to $6.50-$7.20
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- Q2 EPS $1.75 (up 22.4% YoY); net income $62.4M vs $51.4M.
- Adjusted EBITDA $100.2M (11.6% margin) vs $76.2M (10.1%) in prior year.
- FY2023 revenue guidance narrowed to $3.33B-$3.40B; EPS lowered to $6.50-$7.20 from $6.80-$7.70.
- Cash $203.5M; net debt $137.2M; $460.7M remains under buyback; no repurchases in Q2.
- Segment growth: Technology +25.3%, Economic +23%, Forensic +10.9%, Strategic Comm +15%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887936/000119312523197772/0001193125-23-197772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887936/000119312523197772/d526929d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-197772

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