Exponent reported a strong second quarter with a 28% increase in net revenue and an expanded EBITDA margin of 630 basis points. The company's revenues from reactive engagements returned to pre-COVID-19 levels, and proactive projects grew significantly.
Net revenue increased by 28% compared to the second quarter of 2020.
EBITDA margin expanded by 630 basis points from the prior year period.
Revenues from reactive engagements returned to pre-COVID-19 levels.
Revenues from proactive projects grew significantly compared to the same period last year.
Exponent anticipates continued strong demand for its services and positive momentum from the first half of 2021. However, uncertainty remains due to the spread of COVID variants.
Visualization of income flow from segment revenue to net income