TTEK - Tetra Tech beats Q2 top and bottom line estimates increases 2023 guidance
2023-08-09 16:02:29 ET
- Tetra Tech press release ( NASDAQ: TTEK ): Q3 Non-GAAP EPS of $1.29 beats by $0.11 .
- Revenue of $1.21B (+35.9% Y/Y) beats by $250.61M .
- Record EBITDA $119 million, up 33% Y/Y
- Record Backlog $4.39 billion, up 25% Y/Y
- Increasing Net Revenue and EPS guidance for FY23:For fiscal 2023, Tetra Tech is increasing adjusted EPS guidance to range from $5.22 to $5.27 and is increasing net revenue guidance to range from $3.16 billion to $3.21 billion. Tetra Tech expects adjusted EPS for the fourth quarter of fiscal 2023 to range from $1.40 to $1.45 and net revenue to range from $790 million to $840 million.
For further details see:
Tetra Tech beats Q2 top and bottom line estimates, increases 2023 guidance