Strong First Quarter for Forensic and Litigation Consulting
Forensic and Litigation Consulting (FLC) segment reported record revenues of $190.6 million, an increase of 8.3% driven by higher realized bill rates for Risk and Investigation services and Data and Analytics services.
Strategic Communications Growth
Strategic Communications reported record revenues of $87 million, an increase of 7.2% due to higher demand for corporate reputation services and pass-through revenues.
Successful Share Repurchase Program
FTI Consulting repurchased 1,126,995 shares at an average price per share of $165.15, totaling $186.1 million, with an additional $400 million authorized for future repurchases.
Technology Segment Sees Sequential Growth
Technology revenues increased 7.2% sequentially, driven by higher M&A-related second request services.