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Mar 31, 2023
Exponent Q1 2023 Earnings Report
Exponent experienced revenue growth and maintained its market position.
Key Takeaways
Exponent reported a solid start to the year with a 9.2% increase in total revenues and a 9% increase in revenues before reimbursements. The company's growth was supported by increased demand for reactive services and proactive engagements across various sectors. Exponent continues to invest in its team, increasing headcount by 12% year-over-year.
Total revenues increased by 9.2% year-over-year.
Revenues before reimbursements increased by 9% year-over-year.
Net income was $29.1 million, or $0.56 per diluted share.
Headcount increased by 12% year-over-year.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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