Hackett Q2 2024 Earnings Report
Key Takeaways
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.
Total revenue for Q2 2024 was $77.7 million, with revenue before reimbursements at $75.9 million.
GAAP diluted earnings per share was $0.31 in Q2 2024.
Non-GAAP diluted earnings per share was $0.39 in Q2 2024.
Cash flow from operations was $13.7 million for Q2 2024.
Hackett
Hackett
Forward Guidance
The Company estimates total revenue before reimbursements for the third quarter of 2024 will be in the range of $74.5 million to $76.0 million. The Company estimates adjusted diluted earnings per share for the third quarter of 2024 to be in the range of $0.39 and $0.41, which assumes a GAAP effective tax rate of 27.7%.