Tuesday, August 01, 2006

FTI Consulting 2Q Profit Drops

BALTIMORE (AP) - FTI Consulting Inc., which provides forensic accounting and litigation support services, said Monday its second-quarter profit fell 12 percent, hurt by higher amortization, net interest expense and stock-based compensation costs.

Quarterly net income fell to $12.7 million, or 32 cents per share, from $14.4 million, or 33 cents per share. Revenue grew to $159.8 million from $123.9 million.

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