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Stock impact report

Exponent Reports Third Quarter of Fiscal Year 2024 Financial Results

Exponent, Inc. (EXPO) 
Last exponent, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: exponent.com/investors
Company Research Source: GlobeNewswire
MENLO PARK, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the third quarter of fiscal year 2024 ended September 27, 2024. “For the third consecutive quarter Exponent has delivered significantly improved utilization year over year, reflecting our ongoing focus on effective resource management and alignment with market demand. As expected, third quarter revenues before reimbursements were flat year-over-year, however we delivered a 6% increase in net income and expanded our EBITDA1 margin by 100 basis points. Proactive engagements in the consumer electronics sector rebounded to a healthy level, fueled by increasing user experience studies and product development consulting. This was largely offset by persistent challenges in the chemicals sector and the high benchmark set by the previous year’s third quarter growth in reactive services of over 20%. The inherent strength of our diversified portfolio continued to provide st Show less Read more
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