Earnings Call Excerpt
FTI Consulting Inc. (FCN)
Q1 2009 Earnings Call
April 29, 2009 8:30 am ET
Executives
Jack Dunn - Chief Executive Officer
Dennis Shaughnessy - Chairman
Jorge Celaya - Chief Financial Officer
David Bannister - Chief Administrative Officer
Dom De Napoli - Chief Operating Officer
Declan Kelly - Chief Integration Officer
Eric Boyriven - Investor Relations
Analysts
Andrew Fones - UBS
Torin Eastburn - CJS Securities
Jim Janesky - Stifel Nicolaus
David Gold - Sidoti & Co.
Timothy McHugh - William Blair & Co.
Paul Ginocchio - Deutsche Bank
Scott Schneeberger - Oppenheimer
Kevane Wong - JMP Securities
Dan Leben - Robert W. Baird
Sean Jackson - Avondale Partners
Joseph Foresi - Janney Montgomery Scott LLC
Presentation
Operator
Good day and welcome to the FTI Consulting Conference Call. As a remainder today’s call is being recorded. For opening remarks and introductions I would like to turn the call over to Eric Boyriven of FTI. Please go ahead sir.
Eric Boyriven
Good morning and welcome to the FTI Consulting conference call to discuss the company’s 2009 first quarter results we’ve reported this morning. Management will begin with formal remarks, after which they will take your questions.
Before we begin, I would like to remind everyone that this conference call may include forward-looking statements within the meaning of Section 21A of the Securities Exchange Act of 1934 that involve uncertainties and risks.
Forward-looking statements include statements covering our plans, objectives, goals, strategies, future events, future revenues, future results and performance, expectations, plans or intentions relating to acquisitions and other matters, business trends, and other information that is not historical, including statements regarding estimates of our future financial results.
Words such as estimates, expects, anticipates, projects, plans, intends, believes, forecast and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements including without limitation estimates of our future financial results are based upon our expectations at the time we make them and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them.
However, there can be no assurance that management’s expectations, beliefs and projections will result or be achieved or that actual results will not differ from expectations. The company has experienced fluctuating revenue, operating income and cash flow in some prior periods and expects that this will occur from time to time in the future.
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