Hackett Q4 2019 Earnings Report
Key Takeaways
The Hackett Group reported Q4 2019 net revenue of $63.7 million, a 3% increase compared to the same period in the prior year. GAAP EPS was $0.07, compared to $0.00 in Q4 2018. The company's board approved a $5.0 million increase in the share repurchase program and a 6% increase in the annual dividend.
Q4 2019 net revenue of $63.7 million, at the high-end of guidance.
Q4 2019 pro forma EPS of $0.24, at mid-point of guidance.
Q4 2019 GAAP EPS of $0.07 as compared to GAAP EPS of $0.00 in the same period in the prior year.
Company announces annual dividend increase of 6% from $0.36 to $0.38 per share.
Hackett
Hackett
Hackett Revenue by Segment
Forward Guidance
The Company estimates total net revenue for the first quarter of 2020 to be in the range of $65.0 million and $66.5 million or gross revenue (inclusive of reimbursable expenses) to be in the range of $70.5 million and $72.0 million. The Company estimates pro forma diluted earnings per share for the first quarter of 2020 to be in the range of $0.23 and $0.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income