FTI Consulting ( (FCN) ) just unveiled an update.
FTI Consulting reported a 3.7% increase in third-quarter 2024 revenues, reaching $926 million, driven by higher demand in Economic Consulting and Technology segments, despite a decline in Corporate Finance & Restructuring. The company saw its net income dip due to increased expenses, but it managed to improve its cash position significantly. Although EPS fell to $1.85 from $2.34 year-over-year, FTI Consulting remains optimistic about its long-term growth, updating its full-year 2024 revenue and EPS guidance.
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