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Stock impact report

Tetra Tech Reports Record First Quarter 2019 Results

Tetra Tech, Inc. (TTEK) 
Last tetra tech, inc. earnings: 4/29 04:36 pm Check Earnings Report
US:NASDAQ Investor Relations: tetratech.com/en/investor-relations
Company Research Source: Business Wire
Record operating income of $56 million, up 15% Y/Y Record backlog of $2.79 billion, up 15% Y/Y EPS $0.75; adjusted EPS $0.70, up 8% Y/Y PASADENA, Calif.--(BUSINESS WIRE)-- Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the first quarter ended December 30, 2018. First Quarter Results Tetra Tech achieved its best first quarter in the Company’s history with record net revenue, operating income, adjusted EPS1 and backlog. Revenue and revenue, net of subcontractor costs1 (net revenue), in the first quarter totaled $717 million and $553 million, respectively. Operating income for the first quarter was $56 million, up 15% year-over-year. EPS was $0.75 on a GAAP basis, however, excluding a non-recurring tax benefit, adjusted EPS was $0.70, up 8% year-over-year. Backlog at the end of the quarter was a record $2.79 billion, up 15% year-ove Show less Read more
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