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Stock impact report

Tetra Tech Reports Record Fourth Quarter and Fiscal 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
Fourth quarter revenue $842 million, up 14% Y/YFourth quarter adjusted net revenue $640 million, up 14% Y/YBacklog of $3.1 billion, up 16% Y/Y Q4-19 EPS $0.21; Adjusted Q4-19 EPS $0.88, up 17% Y/Y PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the fourth quarter and fiscal year ended September 29, 2019.Fourth Quarter ResultsTetra Tech achieved record quarterly results with all-time highs for revenue, net revenue, and backlog. Revenue in the fourth quarter totaled $842 million, up 14% year-over-year. Revenue, net of subcontractor costs1 (net revenue), on an adjusted basis, in the fourth quarter was $640 million, up 14% year-over-year. EPS was $0.21 on a GAAP basis; adjusted EPS1 was $0.88, up 17% year-over-year. Backlog at the end of the quarter was a record $3.1 billion, up 16% year-over-year.Quarterly Dividend and Share Repurchase ProgramOn November 11, 2019, Tetra Tech’s Board of Directors declared a $0.15 per share dividend payabl Show less Read more
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