Hackett Earnings Reports

The Hackett Group announced strong Q4 2024 results, exceeding revenue and adjusted EPS guidance while investing in Gen AI capabilities, including the acquisition of LeewayHertz. Total revenue was $79.2 million, and adjusted EPS was $0.47.

The Hackett Group reported solid operating results for Q3 2024, exceeding revenue and EPS guidance. The company's strategic move to acquire LeewayHertz, a Gen AI consulting and implementation firm, positions them to capitalize on the rapidly emerging Gen AI sector.

The Hackett Group reported total revenue of $77.7 million and revenue before reimbursements of $75.9 million for Q2 2024. GAAP diluted earnings per share was $0.31, and adjusted diluted earnings per share was $0.39. Cash flow provided from operations was $13.7 million, and the company's cash balances were $19.1 million as of June 28, 2024.

The Hackett Group reported a total revenue of $77.2 million and adjusted diluted earnings per share of $0.39 for Q1 2024. The company exceeded revenue guidance and met adjusted EPS guidance. They are pivoting to Gen AI consulting demand leveraging their AI XPLR platform and continuing investment in Executive Advisory offerings.

The Hackett Group reported Q4 2023 financial results with total revenue of $72.4 million and adjusted diluted earnings per share of $0.39, exceeding the high end of their guidance. The company's cash balances were $21.0 million, and they paid down $11.0 million of their debt balance during the quarter.

The Hackett Group reported solid operating results for the third quarter of 2023, meeting or exceeding previously provided guidance. Total revenue reached $75.9 million, with revenue before reimbursements at $74.6 million, surpassing the high end of guidance. GAAP diluted earnings per share was $0.34, while adjusted diluted earnings per share, a non-GAAP measure, was $0.41.

The Hackett Group reported solid operating results for Q2 2023, with total revenue of $77.1 million and adjusted diluted earnings per share of $0.39. The company saw 8% sequential revenue growth and increased investment in program development and sales resources.

The Hackett Group announced its financial results for the first quarter, which ended on March 31, 2023. Total revenue was $71.2 million, and GAAP diluted earnings per share was $0.30. Adjusted diluted earnings per share, a non-GAAP measure, was $0.37.

The Hackett Group reported Q4 2022 results with total revenue of $70.1 million and GAAP diluted earnings per share of $0.31. Adjusted diluted earnings per share, a non-GAAP measure, was $0.36.

The Hackett Group reported third-quarter results with total revenue of $72.0 million and GAAP diluted earnings per share of $0.32. Adjusted diluted earnings per share was $0.37, exceeding the high end of their guidance. The company's Board of Directors approved an additional $120.0 million to its share repurchase plan and declared its fourth-quarter dividend of $0.11 per share.

The Hackett Group reported a 4% increase in total revenue, reaching $75.9 million, and GAAP diluted earnings per share of $0.32 for the second quarter of 2022. Adjusted diluted earnings per share was $0.38, exceeding the high end of guidance. The company also signed a significant multi-year IP as-a-Service contract.

The Hackett Group reported a strong first quarter with revenue increasing by 19% to $75.7 million and GAAP diluted earnings per share increasing by 74% to $0.33, driven by increased revenue and margins.

The Hackett Group reported Q4 2021 net revenue of $69.8 million, up 18% year-over-year, and GAAP EPS of $0.50, which includes a tax benefit of $0.23 per share. Pro forma EPS was $0.33, up 43% year-over-year. The company's Board of Directors authorized a 10% increase in its annual dividend and declared a quarterly dividend of $0.11 per share.

The Hackett Group reported a strong third quarter in 2021, with net revenue reaching $71.4 million and a pro forma EPS of $0.32, both exceeding the high end of the company's guidance. The company's cash balance stands at $52.9 million with no outstanding debt.

The Hackett Group reported Q2 2021 net revenue of $73.0 million, a 39% increase compared to the same period last year. GAAP EPS was $0.32, and pro forma EPS was $0.39, or $0.30 excluding a SAP software sale. The company's cash balance was $52.5 million with no outstanding debt. The company repurchased 491 thousand shares of its stock at an average price of $17.58 for a total of $8.6 million.

The Hackett Group announced Q4 2020 results with net revenue of $59.2 million and GAAP EPS of $0.03. Pro forma EPS was $0.23, up 35% sequentially. The company's board authorized a 5% increase in its annual dividend.

The Hackett Group reported Q3 2020 net revenue of $57.8 million, GAAP EPS of $0.09, and pro forma EPS of $0.17. Revenue was down 13% year-over-year but up 10% sequentially. The company's cash balance at the end of the quarter was $43.2 million with no outstanding debt.

The Hackett Group reported a net revenue of $52.6 million for Q2 2020, a decrease of 23% compared to the same period last year. GAAP diluted loss per share was $0.13, compared to earnings per share of $0.22 in the prior year, which included a $5.0 million restructuring charge. Pro forma diluted earnings per share were $0.06, compared to $0.28 in the prior year.

The Hackett Group reported a solid first quarter with net revenue up 5% to $65.2 million and pro forma EPS up 9% to $0.24. The company ended the quarter with a strong cash position of $23.3 million and no outstanding debt. However, due to economic uncertainty, the company expects sequential revenue declines of 15% to 20% in the second quarter.

The Hackett Group reported Q4 2019 net revenue of $63.7 million, a 3% increase compared to the same period in the prior year. GAAP EPS was $0.07, compared to $0.00 in Q4 2018. The company's board approved a $5.0 million increase in the share repurchase program and a 6% increase in the annual dividend.