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Dec 30, 2022
Hackett Q4 2022 Earnings Report
Announced fourth quarter 2022 results.
Key Takeaways
The Hackett Group reported Q4 2022 results with total revenue of $70.1 million and GAAP diluted earnings per share of $0.31. Adjusted diluted earnings per share, a non-GAAP measure, was $0.36.
Total revenue in Q4 2022 was $70.1 million, exceeding guidance.
GAAP diluted earnings per share was $0.31 in Q4 2022, compared to $0.50 in Q4 2021.
Adjusted diluted earnings per share was $0.36, exceeding guidance.
The company repurchased 4.9 million shares for $115 million during Q4 2022.
Forward Guidance
The Company estimates total revenue before reimbursements for the first quarter of 2023 will be in the range of $69.0 million to $70.5 million and adjusted diluted earnings per share for the first quarter of 2023 to be in the range of $0.35 and $0.38, assuming a GAAP effective tax rate of 22%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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