Hackett Q2 2023 Earnings Report
Key Takeaways
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.
Total revenue was $77.1 million, exceeding the high end of guidance.
Revenue before reimbursements was $75.6 million.
GAAP diluted earnings per share was $0.32, consistent with the previous year.
Adjusted diluted earnings per share was $0.39, compared to $0.38 in the prior year.
Hackett
Hackett
Forward Guidance
The Company estimates total revenue before reimbursements for the third quarter of 2023 will be in the range of $72.8 million to $74.3 million. The Company estimates adjusted diluted earnings per share for the third quarter of 2023 to be in the range of $0.38 and $0.41, assuming a GAAP effective tax rate of 27.5%.