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Jun 30, 2024

FTI Consulting Q2 2024 Earnings Report

FTI Consulting's Q2 2024 performance reflected revenue growth and increased profitability.

Key Takeaways

FTI Consulting reported a revenue increase of 9.8% compared to Q2 2023, reaching $949.16 million. Net income rose by 34.5% to $83.95 million, with earnings per diluted share increasing by 33.7% to $2.34. Adjusted EBITDA increased by 15.7% to $115.92 million, and the adjusted EBITDA margin improved to 12.2%.

Revenues increased by 9.8% to $949.16 million compared to Q2 2023.

Net income increased by 34.5% to $83.95 million compared to Q2 2023.

Earnings per diluted share increased by 33.7% to $2.34 compared to Q2 2023.

Adjusted EBITDA increased by 15.7% to $115.92 million compared to Q2 2023.

Total Revenue
$949M
Previous year: $865M
+9.8%
EPS
$2.34
Previous year: $1.75
+33.7%
Gross Profit
$310M
Previous year: $276M
+12.2%
Cash and Equivalents
$226M
Previous year: $204M
+11.2%
Free Cash Flow
$125M
Previous year: -$22M
-668.7%
Total Assets
$3.36B
Previous year: $3.25B
+3.4%

FTI Consulting

FTI Consulting

FTI Consulting Revenue by Segment

FTI Consulting Revenue by Geographic Location

Forward Guidance

No specific forward guidance was provided in the document.

Revenue & Expenses

Visualization of income flow from segment revenue to net income