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Apr 01, 2022
Exponent Q1 2022 Earnings Report
Reported year-over-year growth in revenue and EBITDA, demonstrating the strength of the business model and ability to execute on the long-term strategy.
Key Takeaways
Exponent, Inc. reported a 10.3% increase in total revenues to $128.5 million and a 7.6% increase in revenues before reimbursements to $117.9 million for the first quarter of 2022. Net income decreased to $29.6 million, or $0.56 per diluted share.
Total revenues increased by 10.3% to $128.5 million compared to the first quarter of 2021.
Net income decreased to $29.6 million, or $0.56 per diluted share.
EBITDA increased to $34.5 million, representing 29.2% of net revenues.
Exponent repurchased $48.6 million of common stock during the quarter.
Exponent
Exponent
Exponent Revenue by Segment
Revenue by Segment
Engineering & Other Scientific Revenue
CapyFin.comEnvironmental & Health Revenue
CapyFin.com Forward Guidance
Exponent's full year 2022 guidance is unchanged.
Revenue & Expenses
Visualization of income flow from segment revenue to net income