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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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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