Hackett Q1 2023 Earnings Report
Key Takeaways
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.
Total revenue in the first quarter of 2023 was $71.2 million.
Revenue before reimbursements was $69.8 million, in line with guidance.
GAAP diluted earnings per share was $0.30 in the first quarter of 2023.
Adjusted diluted earnings per share was $0.37, also in line with guidance.
Hackett
Hackett
Forward Guidance
The Company estimates total revenue before reimbursements for the second quarter of 2023 will be in the range of $72.5 million to $74.0 million. The Company estimates adjusted diluted earnings per share for the second quarter of 2023 to be in the range of $0.36 and $0.39, assuming a GAAP effective tax rate of 27%.