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Sep 27, 2024
Exponent Q3 2024 Earnings Report
Exponent's financial performance remained stable, showing slight revenue growth and improved profitability.
Key Takeaways
Exponent reported a 2% increase in total revenues to $136.3 million for Q3 2024. Net income rose to $26.0 million, or $0.50 per diluted share. The company's EBITDA margin expanded by 100 basis points.
Total revenues increased by 2% to $136.3 million compared to Q3 2023.
Net income increased to $26.0 million, or $0.50 per diluted share.
EBITDA increased to $35.8 million, representing 28.6% of revenues before reimbursements.
Proactive engagements in the consumer electronics sector rebounded, while challenges persisted in the chemicals sector.
Exponent
Exponent
Exponent Revenue by Segment
Revenue by Segment
Engineering & Other Scientific Revenue
CapyFin.comEnvironmental & Health Revenue
CapyFin.com Forward Guidance
Exponent is maintaining its revenue guidance and raising its margin guidance for the full year.
Positive Outlook
- Market opportunities across industries are encouraging.
- Recruiting activity is increasing to build talent and capabilities.
- Focus on anticipating client needs throughout the product lifecycle.
- Commitment to delivering sustained profitable growth.
- Dedication to creating lasting value for shareholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income