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Stock impact report

Tetra Tech Reports Record Fourth Quarter and Fiscal 2021 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 quarterly resultsFourth quarter revenue $892 million, up 18% Y/YFourth quarter net revenue $709 million, up 20% Y/YFourth quarter EPS $1.52, up 85% Y/Y and Adjusted EPS $1.05, up 15% Y/YRecord backlog of $3.48 billion PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, today announced results for the fourth quarter and fiscal year ended October 3, 2021.Fourth Quarter ResultsTetra Tech achieved record quarterly results with all-time highs for revenue, net revenue, earnings and backlog. Revenue in the fourth quarter totaled $892 million and revenue, net of subcontractor costs (net revenue)1, was $709 million, up 18% and 20% year-over-year, respectively. Earnings per share (“EPS”) was $1.52 on a GAAP basis and adjusted EPS1 was $1.05, up 85% and 15% year-over-year, respectively. Cash generated from operations was $78 million, up 15% year-over-year. Backlog at the end of the quarter was a record Show less Read more
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