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Stock impact report

Tetra Tech Reports Record Fiscal 2024 and Fourth Quarter 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 Annual Revenue $5.20 billion, up 15% Y/YRecord Annual Net Revenue $4.32 billion, up 15% Y/YRecord Annual Operating Income of $501 million, up 40% Y/YRecord Annual EPS, up 21% Y/YRecord Backlog of $5.38 billion, up 12% Y/Y 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 record results for both the fiscal year and fourth quarter ended September 29, 2024.Fiscal Year HighlightsRevenue increased 15% Y/Y to $5.20 billionNet Revenue1 increased 15% Y/Y to $4.32 billionOperating Income increased 40% Y/Y to $501 millionEPS of $1.23 and Adjusted EPS1 of $1.26, both increased 21% Y/YBacklog increased 12% Y/Y to $5.38 billionNet Debt / EBITDA improved Y/Y from 1.4x to 1.0xFourth Quarter HighlightsRevenue increased to $1.37 billionNet Revenue increased to $1.14 billionOperating Income increased 33% Y/Y to $143 millionEPS increased 75% Show less Read more
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