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.
Net revenue for Q3 2021 was $71.4 million, exceeding the high end of guidance.
GAAP EPS for Q3 2021 was $0.25.
Pro forma EPS for Q3 2021 was $0.32, exceeding the high end of guidance.
The Board of Directors declared a quarterly dividend of $0.10 per share.
The Company estimates total net revenue for the fourth quarter of 2021 to be in the range of $64.5 million to $66.5 million. The Company estimates pro forma diluted earnings per share for the fourth quarter of 2021 to be in the range of $0.28 and $0.30.