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Oct 01, 2021
Exponent Q3 2021 Earnings Report
Exponent's third quarter results for fiscal year 2021 were driven by differentiated capabilities and increased demand.
Key Takeaways
Exponent, Inc. reported an 18% increase in total revenues to $116.4 million for the third quarter of 2021, with net income increasing to $24.6 million, or $0.46 per diluted share. The company's EBITDA margin expanded more than 350 basis points from the prior year period.
Net revenue grew by 16% in Q3 2021.
EBITDA margin expanded by more than 350 basis points year-over-year.
Reactive business benefitted from the post-COVID acceleration of litigation throughput.
Proactive engagements, such as user and machine learning data studies, remained a key driver of growth.
Exponent
Exponent
Exponent Revenue by Segment
Revenue by Segment
Engineering & Other Scientific Revenue
CapyFin.comEnvironmental & Health Revenue
CapyFin.com Forward Guidance
Exponent anticipates continued growth in demand for multidisciplinary services but expects a moderation in utilization as headcount increases.
Revenue & Expenses
Visualization of income flow from segment revenue to net income