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FTI Consulting Reports Record First Quarter 2024 Financial Results

Retrieved on:

Giovedì, Aprile 25, 2024

Corporate finance, FTI Consulting, Economy, Internet, Investment, Economic consulting, Forensic science, FCN, Communes of Burundi, Privacy, Acquisition, EPS, FX, Video game

First Quarter 2024 Revenues of $928.6 Million, Up 15% Compared to $806.7 Million in Prior Year Quarter

Key Points:

First Quarter 2024 Revenues of $928.6 Million, Up 15% Compared to $806.7 Million in Prior Year Quarter
First Quarter 2024 EPS of $2.23, Up 66% Compared to $1.34 in Prior Year Quarter
WASHINGTON, April 25, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today released financial results for the first quarter ended March 31, 2024.
First quarter 2024 revenues of $928.6 million increased $121.8 million, or 15.1%, compared to revenues of $806.7 million in the prior year quarter.
First quarter 2024 earnings per diluted share (“EPS”) of $2.23 compared to $1.34 in the prior year quarter.
FTI Consulting will host a conference call for analysts and investors to discuss first quarter 2024 financial results at 9:00 a.m. Eastern Time on Thursday, April 25, 2024.

FTI Consulting to Release First Quarter 2024 Results and Host Conference Call

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Giovedì, Aprile 11, 2024

FTI Consulting, Internet, FCN, Webcast

WASHINGTON, April 11, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the first quarter ended March 31, 2024 before the New York market opens on Thursday, April 25, 2024.

Key Points:

WASHINGTON, April 11, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the first quarter ended March 31, 2024 before the New York market opens on Thursday, April 25, 2024.
A conference call will be held to discuss these financial results on Thursday, April 25, 2024, at 9:00 a.m. Eastern Time and will be hosted by senior management.
The conference call will be simulcast live on the Internet and can be accessed by logging onto the Company's investor relations website .
A replay of the webcast will be available on the Company's investor relations website for 90 days.

FTI Consulting Adds Former Mexican Government Energy Official to Growing Litigation & Disputes Resolution Practice

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Mercoledì, Marzo 27, 2024

Growth, FCN, NERA, International arbitration, Associate, Strategic planning, FTI Consulting, Brattle Group, FTI, Senior, Economy, Lawsuit, Economic consulting, NERA Economic Consulting, Paulo, Economics

WASHINGTON, March 27, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Veronica Irastorza as a Senior Managing Director in the Litigation & Disputes Resolution practice within the firm’s Economic Consulting segment.

Key Points:

WASHINGTON, March 27, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Veronica Irastorza as a Senior Managing Director in the Litigation & Disputes Resolution practice within the firm’s Economic Consulting segment.
Ms. Irastorza joins FTI Consulting with more than 20 years of experience supporting clients with issues related to competition, regulation, economics of contracts, markets, damages, valuations, disputes and arbitrations, primarily in the energy sector.
“As energy investment continues to grow in Latin America, political and regulatory changes in an industry that is transitioning worldwide are resulting in a growing number of disputes,” said Dr. Jose Alberro , a Senior Managing Director in the Litigation & Dispute Resolution practice and Head of International Arbitration for Latin America at FTI Consulting.
The team joins a growing practice of experts across Canada, the United States and Latin America led by Dr. Randal Heeb .

FTI Consulting Study Reveals Significant Communications Gaps Between CISOs and C-Suites Despite Increased Focus on Cybersecurity

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Martedì, Marzo 26, 2024

Organization, Face, FCN, Digital, Risk, Secure, CISO, Research, FTI Consulting, FTI, Senior, Investment, Management

FTI Consulting’s first installment of the “CISO Redefined” series, released in 2022, took the inverse approach and surveyed CISOs.

Key Points:

FTI Consulting’s first installment of the “CISO Redefined” series, released in 2022, took the inverse approach and surveyed CISOs.
According to the C-suite study, 94% of C-suite executives surveyed believe cybersecurity issues increased in prominence over the past 12 months, and a majority deem cybersecurity a critical or high priority.
As far as organizational alignment, 58% of CISOs confirmed they struggle to translate technical language to senior leadership in a meaningful way.
FTI Consulting also conducted an online survey between June and July 2022 of 165 CISOs and those in charge of information and cybersecurity, representing U.S. companies with $4.4 trillion in aggregated revenues and employing over 528,000 people.

FTI Consulting Expands Transfer Pricing Expertise in the United States with Addition of Cedric Bernardeau

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Lunedì, Marzo 18, 2024

Organization, FCN, FTI Consulting, FTI, EY, Senior, Corporate finance, IP, Partner, Intellectual property, Cryptocurrency

Mr. Bernardeau, who is based in New York, has 30 years of experience with transfer pricing and supply chain/value chain operating model advisory matters.

Key Points:

Mr. Bernardeau, who is based in New York, has 30 years of experience with transfer pricing and supply chain/value chain operating model advisory matters.
He has served both U.S. and non-U.S. multinational companies in analyzing their value chain as well as designing and supporting the implementation of new business models.
Commenting on his appointment, Mr. Bernardeau said, “When thinking about opportunities in any tax jurisdiction, it’s critical that organizations prioritize compliance and transparency.
FTI Consulting’s global platform provides the reach that companies need to help them manage international business challenges and opportunities.

FTI Consulting Names Jiva Jagtap as Global Leader of Private Equity

Retrieved on:

Martedì, Marzo 12, 2024

Ideation, Corporate finance, FTI, FTI Consulting, Private equity, FCN, Financial services

WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jiva J. Jagtap as Global Leader of the firm’s Private Equity service offering .

Key Points:

WASHINGTON, March 12, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jiva J. Jagtap as Global Leader of the firm’s Private Equity service offering .
In his role as Global Leader of the Private Equity service offering at FTI Consulting, he will lead a diversified cross-segment team of professionals across the firm’s global network who support private equity clients throughout the transaction lifecycle, from ideation, validation and assessment through transaction execution, value creation and eventual exit.
FTI Consulting is a trusted advisor to all 10 of the top 10 firms on the Private Equity International 300 list and serves over 300 private equity firms globally.
When firms choose FTI Consulting, we are trusted partners through the entire investment lifecycle.”
Visit FTI Consulting’s Private Equity service offering webpage to learn more, and click here to sign up to receive Private Equity insights.

FDA Roundup: March 22, 2024

Retrieved on:

Venerdì, Marzo 22, 2024

On Thursday, the FDA updated the Breakthrough Devices Program webpage to update the device designations data and the marketing authorizations list.

Key Points:

On Thursday, the FDA updated the Breakthrough Devices Program webpage to update the device designations data and the marketing authorizations list.
From launch of the Breakthrough Devices Program through December 31, 2023, in total, the FDA granted 933 Breakthrough Devices designations and authorized 95 Breakthrough Devices for marketing.
On Thursday, the FDA approved safety labeling changes for fluorouracil injection products.
These changes also enable the FDA to more effectively respond to new information on the safety and use of food contact substances.

FTI Consulting and Jamf Improve Incident Response to Mobile Device Threats with Strategic Relationship

Retrieved on:

Giovedì, Marzo 7, 2024

FTI Consulting, FTI, FCN, Channel, JAMF, Organization, Apple, Anomaly, Risk management

WASHINGTON, March 07, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, and FTI Consulting, Inc .

Key Points:

WASHINGTON, March 07, 2024 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, and FTI Consulting, Inc .
(NYSE: FCN), a global business advisory firm, today announced a strategic relationship to help organizations around the world improve incident response capabilities regarding mobile device threats.
Through the alliance, FTI Consulting strengthens its cybersecurity offering with Jamf’s unique and market-leading security product, Jamf Executive Threat Protection , a mobile endpoint security and threat defense platform that proactively manages cyber risks and detects the most sophisticated threats facing mobile devices.
Our cutting-edge software identifies anomalies, while our relationship with FTI Consulting ensures swift incident response and detailed digital forensic analysis,” said Carlos Blanco, VP, Channel and Alliances, Jamf.

CARBIOS Active, the enzymatic solution for 100% compostable PLA, added to FDA Inventory of Food Contact Substances

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Martedì, Marzo 5, 2024

Well, FCS, Temperature, Marketing, FDA, Food, FCN, Senior advisor, Clermont-Ferrand, Euronext Growth, Certification, Microplastics, PLA, Textile, Foodservice, Drink, BPI, EPR, Retail

With this milestone, CARBIOS Active can be used to make packaging materials that are sold in the United States and come into contact with food, including rigid and flexible packaging, and other applications.

Key Points:

With this milestone, CARBIOS Active can be used to make packaging materials that are sold in the United States and come into contact with food, including rigid and flexible packaging, and other applications.
PLA plastic which includes this unique enzymatic solution is certified for industrial and home composting.
CARBIOS Active was recently certified by the Biodegradable Products Institute (BPI) , North America’s leading authority on compostable products and packaging.
Emmanuel Ladent, CEO of CARBIOS: “For CARBIOS, product safety is of utmost priority and we consider FCN from the FDA as the gold standard.

FTI Consulting Acquires Madison Consulting Group

Retrieved on:

Lunedì, Marzo 4, 2024

FTI Consulting, Senior, Weather, Artificial intelligence, FTI, Forensic science, Data collection, Growth, FCN, ESG, Risk, Casualty, Policy, Insurance, Executive officer, American Academy

WASHINGTON, March 04, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it has acquired Madison Consulting Group, an actuarial consulting firm with 25 billable professionals and offices in Madison, Ga., and Newtown Square, Pa. The addition of Madison Consulting Group expands the firm’s property and casualty actuarial and compliance offerings within the Global Insurance Services practice in the Forensic and Litigation Consulting segment. Terms of the transaction were not disclosed.

Key Points:

WASHINGTON, March 04, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it has acquired Madison Consulting Group, an actuarial consulting firm with 25 billable professionals and offices in Madison, Ga., and Newtown Square, Pa.
The addition of Madison Consulting Group expands the firm’s property and casualty actuarial and compliance offerings within the Global Insurance Services practice in the Forensic and Litigation Consulting segment.
As part of the transaction, Madison Consulting Group President Mark Crawshaw joins FTI Consulting as a Senior Managing Director, and Tina Knight, Leslie Marlo and John Gleba join as Managing Directors.
The services they provide complement our existing actuarial capabilities and greatly add to our ability to serve property and casualty insurers.”
Dr. Crawshaw began his actuarial career in 1984 and joined Madison Consulting Group in 1988.