Hackett Q3 2022 Earnings Report
Key Takeaways
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.
Total revenue in the third quarter of 2022 was $72.0 million.
GAAP diluted earnings per share was $0.32 in the third quarter of 2022.
Adjusted diluted earnings per share was $0.37, exceeding the high end of our guidance.
The Company’s Board of Directors approved an additional $120.0 million to its share repurchase plan.
Hackett
Hackett
Forward Guidance
The Company estimates total revenue before reimbursements for the fourth quarter of 2022 will be in the range of $66.0 million to $68.0 million. The Company estimates adjusted diluted earnings per share for the fourth quarter of 2022 to be in the range of $0.33 and $0.35, assuming a GAAP effective tax rate of 28%.