FTI Consulting Reports First Quarter 2025 Financial Results

WASHINGTON, April 24, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today released financial results for the first quarter ended March 31, 2025.

First quarter 2025 revenues of $898.3 million decreased $30.3 million, or 3.3%, compared to revenues of $928.6 million in the prior year quarter. The decrease was primarily due to lower revenues in the Economic Consulting and Corporate Finance & Restructuring segments, which was partially offset by higher revenues in the Forensic and Litigation Consulting and Strategic Communications segments. Net income of $61.8 million compared to $80.0 million in the prior year quarter. The decrease in net income was primarily due to lower revenues and a $25.3 million special charge related to severance and other employee-related costs, which was partially offset by a decrease in selling, general and administrative (“SG&A”) expenses and lower direct costs compared to the prior year quarter. Adjusted EBITDA of $115.2 million, or 12.8% of revenues, compared to $111.1 million, or 12.0% of revenues, in the prior year quarter.

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