other material
confidence high
sentiment neutral
materiality 0.50
FTI Consulting recasts segment data after transferring 127 health solutions professionals from FLC to Corporate Finance
FTI CONSULTING, INC
- Transfer effective July 1, 2023; 127 billable professionals moved to Corporate Finance segment.
- Recast data covers FY2020-FY2022 and Q1-Q2 2023; consolidated results unchanged.
- Corporate Finance FY2022 recast revenue $1.147B; adjusted segment EBITDA margin 18.7%.
- FLC FY2022 recast revenue $579.9M; adjusted segment EBITDA margin 11.0%.
- New segment composition aligns health solutions with broader business transformation capabilities.