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Stock impact report

Tetra Tech Reports Record Second Quarter Results and Raises Full Fiscal Year Guidance

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 Revenue $1.25 billion and Record Net Revenue $1.05 billionRecord Q2 EBITDA $135 million, up 28% Y/YRecord Q2 EPS of $1.42, up 34% Y/YIncreasing Fiscal Year 2024 Net Revenue and EPS full year guidance PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment and sustainable infrastructure, today announced results for its second quarter ended March 31, 2024.Second Quarter HighlightsNet Revenue1 increased 9% to $1.05 billionEBITDA1 increased 28% to $135 millionEPS increased 34% Y/Y to $1.42Largest second quarter backlog ever of $4.74 billion, up 11% Y/YCashflow from operations of $103 million, up 17% Y/YIndustry-leading DSO of 55 daysRecent Key Wins$464 million multiple-award U.S. Army Environmental Remediation Services contract, investigating and remediating harmful contaminants, including PFAS at Army installations throughout the U.S.$375 million multiple-award NASA Environmenta Show less Read more
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