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Jan 01, 2021
Hackett Q4 2020 Earnings Report
Reported Q4 2020 results, exceeding high-end revenue guidance and showing sequential pro forma EPS growth despite pandemic challenges.
Key Takeaways
The Hackett Group announced Q4 2020 results with net revenue of $59.2 million and GAAP EPS of $0.03. Pro forma EPS was $0.23, up 35% sequentially. The company's board authorized a 5% increase in its annual dividend.
Q4 2020 net revenue reached $59.2 million, surpassing the high end of guidance.
GAAP EPS for Q4 2020 was $0.03.
Pro forma EPS for Q4 2020 was $0.23, a 35% sequential increase and exceeding guidance.
The company increased its annual dividend by 5% and declared a $0.10 per share first quarter dividend.
Revenue by Segment
Forward Guidance
The Company’s current estimates suggest that net revenue for the first quarter of 2021 will be in the range of $61.0 million to $63.0 million, down slightly from the pre-COVID-19 first quarter of 2020. The Company estimates pro forma diluted earnings per share for the first quarter of 2021 to be in the range of $0.24 and $0.26 which provides the opportunity to exceed prior year pre-COVID-19 pro forma EPS results.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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