UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14875 FTI CONSULTING, INC. (Exact Name of Registrant as Specified in its Charter) Maryland 52-1261113 (State or Other Jurisdiction of ...

Financial Data and Key Metrics Changes - The company reported a 14.5% revenue growth for the quarter, with record revenues of $864.6 million, up from $755 million in the prior-year quarter [33][34] - Net income increased by 21.3% to $62.4 million, compared to $51.4 million in the prior-year quarter [34] - Adjusted EBITDA rose by 31.6% to $100.2 million, representing 11.6% of revenues, compared to 10.1% in the prior-year quarter [35][33] - Earnings per share (EPS) increased to $1.75 from $1.43 in the prior-year quarter [34] Business Line Data and Key Metrics Changes - Corporate Finance & Restructuring revenues increased by 8.4% to $300.4 million, driven by higher demand for restructuring services, which grew by 32% year-over-year [70][71] - The FLC segment saw revenues of $182.2 million, a 10.9% increase, primarily due to higher demand for investigations and data analytics services [39] - Economic Consulting revenues increased by 23% to $201.8 million, attributed to higher realized bill rates and increased demand for antitrust services [40] - Technology segment revenues grew by 25.3% to $97.4 million, driven by demand for investigations and litigation services [75] Market Data and Key Metrics Changes - The company experienced a 6.7% total attrition rate in the first half of 2023, down from 9.9% in the same period of 2022, indicating improved talent retention [79] - Billable headcount increased by 11.3% year-over-year, with 634 new professionals added [36] - Non-billable headcount also rose by 11.8%, reflecting the company's commitment to talent acquisition despite economic uncertainties [36] Company Strategy and Development Direction - The company aims to balance short-term performance with long-term growth, emphasizing the importance of attracting and retaining top talent [5][31] - Management is focused on investing in high-demand areas, even if it negatively impacts short-term earnings, to ensure future growth [46][31] - The company is committed to maintaining a strong balance sheet, allowing for potential share buybacks and acquisitions when opportunities arise [47] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by inflation and increased costs, which have pressured margins despite revenue growth [58][79] - The company is lowering its full-year guidance due to weaker-than-expected performance in the first half, but remains optimistic about long-term growth prospects [55][63] - Management highlighted the importance of adapting to changing market conditions and maintaining a focus on client needs [88][112] Other Important Information - SG&A expenses increased to $186.4 million, representing 21.6% of revenues, primarily due to higher compensation and outside services expenses [68] - Free cash flow was an outflow of $22 million in the quarter, with total debt net of cash increasing to $137.2 million [77] Q&A Session Summary Question: Will there be G&A leverage in '23? - Management indicated that they expect G&A leverage in the second half of the year, with lower G&A compared to the first half [128] Question: How does inflation impact cost and bill rates? - Management acknowledged a mismatch between rising costs and bill rates, but noted that they are not seeing significant pressure from realization issues [103][104] Question: What is the outlook for restructuring growth? - Management expects slower restructuring growth in the second half, with moderate growth in transactions [106] Question: How will the upcoming U.S. presidential election affect business? - Management expressed uncertainty about the election's impact but emphasized their focus on attracting talent and meeting client needs regardless of external factors [116] Question: What are the dynamics in the antitrust space? - Management highlighted their strong position in antitrust consulting and anticipated increased demand due to regulatory changes [111][112]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14875 FTI CONSULTING, INC. (Exact Name of Registrant as Specified in its Charter) Maryland 52-1261113 (State or Other Jurisdiction of Incor ...

Financial Data and Key Metrics Changes - First quarter 2023 revenues reached $806.7 million, an increase of $83.1 million or 11.5% year-over-year, with a 13.8% increase when excluding the estimated negative impact of foreign exchange [12][78] - Earnings per share (EPS) were $1.34, down from $1.66 in the prior year quarter [12] - Adjusted EBITDA for the first quarter 2023 was $78.4 million, a decrease of 13.3% compared to $90.5 million in the prior year quarter [68] Business Line Data and Key Metrics Changes - Corporate Finance & Restructuring revenues were $300 million, up 18.4% year-over-year, driven by higher demand for restructuring and business transformation services [86] - Economic Consulting revenues increased by 2.2% to $169.6 million, primarily due to higher demand for M&A-related antitrust services [87] - Forensic and Litigation Consulting (FLC) revenues rose 12.7% to $173.4 million, attributed to increased demand for data and analytics, investigations, and health solutions services [69] Market Data and Key Metrics Changes - Restructuring revenues grew 38% year-over-year, reflecting strong demand across various verticals including retail and healthcare [34] - Business transformation and transactions grew 5.5% year-over-year, although transactions specifically were down 8% [22] Company Strategy and Development Direction - The company is focused on long-term growth while being mindful of utilization rates, with a strong balance sheet allowing for organic growth, share buybacks, and acquisitions [17] - Management emphasized the importance of attracting and developing talent to support business growth, particularly in key markets like the Middle East and Europe [7][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to generate strong revenue growth despite short-term volatility and challenges, including FX impacts and revenue deferrals [61][82] - The outlook for restructuring activity remains positive, with expectations for a pickup in M&A activity later in the year [37][92] Other Important Information - The company repurchased $17.8 million worth of shares during the quarter, with approximately $460.7 million remaining for future buybacks [89] - Total debt net of cash increased to $122.7 million as of March 31, 2023, compared to $60.1 million a year earlier [89] Q&A Session Summary Question: What is the outlook for restructuring activity? - Management noted a sequential increase in restructuring revenues, indicating strength in both the U.S. and overseas markets [92] Question: Were there any significant timing items affecting revenue? - Management acknowledged revenue deferrals and other factors like FX and bad debt that can impact quarterly results [93] Question: How does the company view the hiring opportunities in the current market? - Management highlighted robust hiring, particularly outside the U.S., driven by the company's improved reputation and ability to attract top talent [97]

For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14875 FTI CONSULTING, INC. (Exact Name of Registrant as Specified in its Charter) Maryland 52-1261113 (State or Other Jurisdiction of Incorporation or Organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECUR ...

FTI Consulting, Inc. (NYSE:FCN) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Mollie Hawkes – Head of Investor Relations Steven Gunby – President and Chief Executive Officer Ajay Sabherwal – Chief Financial Officer Conference Call Participants Tobey Sommer – the Truist Securities James Yaro – Goldman Sachs Andrew Nicholas – William Blair Operator Good day, and welcome to the FTI Consulting Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will ...

Fourth Quarter and Full Year 2022 Earnings Conference Call This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which involve uncertainties and risks. Forward-looking statements include statements concerning our plans, initiatives, projections, prospects, policies and practices, objectives, goals, commitments, strategies, future events, future revenues, future r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14875 FTI CONSULTING, INC. (Exact name of registrant as specified in its charter) Maryland 52-1261113 (State or other jurisdiction of incorporat ...

FTI Consulting, Inc. (NYSE:FCN) Q3 2022 Earnings Conference Call October 27, 2022 9:00 AM ET Company Participants Mollie Hawkes - VP of IR Steven Gunby - President and CEO Ajay Sabherwal - CFO Conference Call Participants Andrew Nicholas - William Blair Tobey Sommer - Truist Securities Operator Good morning, everyone and welcome to the FTI Consulting Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please also note today's event is being recorded. At this time, I would like to turn the f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.01 par value FCN New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001 ...