FTI Consulting made its Q4 2011 earnings announcement on Friday, with its Strategic Communications area showing a slight dip in revenue. However, for the year, there was an increase.
Q4 2011 ended with revenue totaling $49.2 million, a decrease from $49.9 million year-over-year. However, revenue for the year was at $200.9 million, an increase from $193.2 million in 2010. FTI’s Strategic Communications area was previously Financial Dynamics.
The results for this part of the business are given short shrift when compared with the other parts of the business that are touted in the earnings report for their positive results.
“This was a great year for FTI Consulting. Strong performances for Economics, Technology and FLC in the fourth quarter capped annual growth rates of 38 percent, 24 percent and 13 percent, respectively,” FTI Consulting’s president and CEO Jack Dunn said in a statement.
The report also notes the completion of a company rebranding that puts all of the company’s divisions under the FTI Consulting umbrella. FTI’s other divisions include corporate finance and restructuring and forensic and litigation consulting.
“Finally, we completed our ‘one firm’ project and now look to benefit from a common approach and brand around the globe,” Dunn added in his comments. “Our people have embraced ‘FTI Consulting’ as their brand, their shared vision and the platform from which they will continue to serve clients with wisdom, expertise, experience and enthusiasm.”
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