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Dec 31, 2021
Exponent Q4 2021 Earnings Report
Reported financial results for the fourth quarter and fiscal year 2021.
Key Takeaways
Exponent's fourth quarter results showed a 9.9% increase in total revenues to $113.5 million and a 7.2% increase in revenues before reimbursements to $104.3 million compared to the fourth quarter of 2020. Net income decreased to $20.4 million, or $0.38 per diluted share. The company's engineering and other scientific segment represented 81% of net revenues, while the environmental and health segment represented 19%.
Total revenues increased 9.9% to $113.5 million in Q4 2021.
Revenues before reimbursements increased 7.2% to $104.3 million in Q4 2021.
Net income decreased to $20.4 million, or $0.38 per diluted share in Q4 2021.
EBITDA increased to $30.2 million, or 28.9% of net revenues in Q4 2021.
Revenue by Segment
Forward Guidance
Exponent anticipates continued growth and demand for its multidisciplinary services, particularly in areas such as automation, electric vehicles, and digital health. The company is focused on attracting and retaining world-class talent to support this growth.
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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