FTI CONSULTING, INC. (NYSE:FCN) Files An 8-K Results of Operations and Financial Condition

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FTI CONSULTING, INC. (NYSE:FCN) Files An 8-K Results of Operations and Financial Condition

ITEM2.02. Results of Operations and Financial Condition

On February28, 2017, FTI Consulting, Inc. (FTI Consulting) held a
conference call relating to the press release issued on
February28, 2017 (the Press Release) announcing financial results
for the fourth quarter and year-ended December31, 2016 and
preliminary guidance for the year ending December31, 2017. The
text of the transcript of the conference call is furnished as
Exhibit 99.1 hereto and is hereby incorporated herein by
reference.

ITEM7.01. Regulation FD Disclosure

FTI Consulting has included the definitions of Segment Operating
Income (Loss) and Adjusted Segment EBITDA, which are financial
measures presented in accordance with U.S. generally accepted
accounting principles (GAAP), in order to more fully define the
components of certain financial measures not presented in
accordance with GAAP (Non-GAAP). FTI Consulting evaluates the
performance of its operating segments based on Adjusted Segment
EBITDA, and Segment Operating Income (Loss) is a component of the
definition of Adjusted Segment EBITDA.

FTI Consulting defines Segment Operating Income (Loss) as a
segments share of consolidated operating income (loss). FTI
Consulting defines Total Segment Operating Income (Loss), which
is a Non-GAAP financial measure, as the total of Segment
Operating Income (Loss) for all segments, which excludes
unallocated corporate expenses. FTI Consulting uses Segment
Operating Income (Loss) for the purpose of calculating Adjusted
Segment EBITDA. FTI Consulting defines Adjusted Segment EBITDA as
a segments share of consolidated operating income (loss) before
depreciation, amortization of intangible assets, remeasurement of
acquisition-related contingent consideration, special charges and
goodwill impairment charges. FTI Consulting uses Adjusted Segment
EBITDA as a basis to internally evaluate the financial
performance of its segments because FTI Consulting believes it
reflects current core operating performance and provides an
indicator of the segments ability to generate cash. FTI
Consulting defines Adjusted Segment EBITDA Margin as Adjusted
Segment EBITDA as a percentage of a segments revenues.

FTI Consulting defines Total Adjusted Segment EBITDA, which is a
Non-GAAP financial measure, as the total of Adjusted Segment
EBITDA for all segments, which excludes unallocated corporate
expenses. FTI Consulting defines Adjusted EBITDA, which is a
Non-GAAP financial measure, as consolidated net income before
income tax provision, other Non-operating income (expense),
depreciation, amortization of intangible assets, remeasurement of
acquisition-related contingent consideration, special charges,
goodwill impairment charges and losses on early extinguishment of
debt. FTI Consulting believes that the Non-GAAP financial
measures, which exclude the effects of remeasurement of
acquisition-related contingent consideration, special charges and
goodwill impairment charges, when considered together with its
GAAP financial results and GAAP financial measures, provide
management and investors with a more complete understanding of
FTI Consultings operating results, including underlying trends.
In addition, EBITDA is a common alternative measure of operating
performance used by many of FTI Consultings competitors. It is
used by investors, financial analysts, rating agencies and others
to value and compare the financial performance of companies in
FTI Consultings

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industry. Therefore, FTI Consulting also believes that these
measures, considered along with corresponding GAAP measures,
provide management and investors with additional information for
comparison of its operating results with the operating results of
other companies.

FTI Consulting defines Adjusted Net Income and Adjusted Earnings
per Diluted Share (Adjusted EPS), which are Non-GAAP financial
measures, as net income and earnings per diluted share,
respectively, excluding the impact of remeasurement of
acquisition-related contingent consideration, special charges,
goodwill impairment charges and losses on early extinguishment of
debt. FTI Consulting uses Adjusted Net Income for the purpose of
calculating Adjusted EPS. Management of FTI Consulting uses
Adjusted EPS to assess total company operating performance on a
consistent basis. FTI Consulting believes that this Non-GAAP
financial measure, which excludes the effects of the
remeasurement of acquisition-related contingent consideration,
special charges, goodwill impairment charges and losses on early
extinguishment of debt, when considered together with its GAAP
financial results, provides management and investors with an
additional understanding of its business operating results,
including underlying trends.

Non-GAAP financial measures are not defined in the same manner by
all companies and may not be comparable with other similarly
titled measures of other companies. Non-GAAP financial measures
should be considered in addition to, but not as a substitute for
or superior to, the information contained in FTI Consultings
Condensed Consolidated Statements of Comprehensive Income.
Reconciliations of GAAP to Non-GAAP financial measures to the
most directly comparable GAAP financial measures are included in
the financial tables that accompanied the Press Release.

The information included herein, including Exhibit 99.1 furnished
herewith, shall not be deemed to be filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), or otherwise subject to the liabilities of that
section, nor shall it be incorporated by reference into any
filing to the Securities Act of 1933, as amended, or the Exchange
Act, regardless of any incorporation by reference language in any
such filing, except as expressly set forth by specific reference
in such filing.

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ITEM9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Transcript of February28, 2017 Conference Call of FTI
Consulting, Inc.

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About FTI CONSULTING, INC. (NYSE:FCN)

FTI Consulting, Inc. (FTI Consulting) is a business advisory firm. The Company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. Its Corporate Finance & Restructuring segment focuses on strategic, operational, financial and capital needs of businesses around the world. Its Forensic and Litigation Consulting segment provides law firms, companies, government clients and other interested parties with dispute advisory, investigations, data analytics and risk mitigation services, as well as interim management and performance improvement services for its health solutions practice clients. Its Economic Consulting segment provides law firms, companies, government entities and other interested parties with analysis of complex economic issues for use in legal, regulatory and international arbitration proceedings, strategic decision making and public policy debates.

FTI CONSULTING, INC. (NYSE:FCN) Recent Trading Information

FTI CONSULTING, INC. (NYSE:FCN) closed its last trading session down -0.14 at 41.30 with 263,988 shares trading hands.