ACM - AECOM Technology Non-GAAP EPS of $0.92 beats by $0.02 revenue of $3.49B beats by $110M
2023-05-08 16:27:38 ET
- AECOM Technology press release ( NYSE: ACM ): Q2 Non-GAAP EPS of $0.92 beats by $0.02 .
- Revenue of $3.49B (+8.7% Y/Y) beats by $110M .
- Total design backlog increased by 12% to a new record high, driven by record quarterly wins and a 1.5 book-to-burn ratio; total backlog also achieved a record high.
- Due to strong operational performance and despite removing AECOM Capital’s previously expected contribution from guidance, AECOM reiterated its fiscal 2023 guidance for adjusted 1 EBITDA of between $935 million and $975 million and adjusted 1 EPS of between $3.55 and $3.75 vs $3.76 consensus, both of which would reflect 10% constant-currency growth at the mid-point of the respective ranges.
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AECOM Technology Non-GAAP EPS of $0.92 beats by $0.02, revenue of $3.49B beats by $110M