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Dec 30, 2022
Exponent Q4 2022 Earnings Report
Exponent's Q4 2022 financial results were reported, showing growth in revenues and earnings per share amidst macroeconomic challenges.
Key Takeaways
Exponent reported a 12.2% increase in total revenues and a 7.9% increase in revenues before reimbursements for Q4 2022. Net income increased to $22.5 million, or $0.44 per diluted share. The company saw broad-based strength across its diversified portfolio of services.
Total revenues increased by 12.2% compared to Q4 2021.
Revenues before reimbursements increased by 7.9% compared to Q4 2021.
Net income increased to $22.5 million, or $0.44 per diluted share.
EBITDA increased to $31.1 million, representing 27.6% of revenues before reimbursements.
Exponent
Exponent
Forward Guidance
Exponent anticipates for the first quarter of 2023 as compared to the same period one year prior, and for the full year 2023 as compared to the same period one year prior.