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Dec 27, 2024

Hackett Q4 2024 Earnings Report

Expected Revenue:$80.3M
+14.0% YoY
Expected EPS:$0.41
+10.8% YoY

Key Takeaways

The Hackett Group announced strong Q4 2024 results, exceeding revenue and adjusted EPS guidance while investing in Gen AI capabilities, including the acquisition of LeewayHertz. Total revenue was $79.2 million, and adjusted EPS was $0.47.

Total revenue in the fourth quarter of 2024 was $79.2 million.

GAAP diluted earnings per share was $0.12 in the fourth quarter of 2024.

Adjusted diluted earnings per share, a non-GAAP measure, was $0.47.

Cash flow from operations was $20.6 million for the fourth quarter of 2024.

Total Revenue
$79.2M
Previous year: $72.4M
+9.4%
Consultant headcount
1.28K
Previous year: 1.17K
+9.9%
Total headcount
1.55K
Previous year: 1.42K
+9.7%
Days sales outstanding
66
Previous year: 65
+1.5%
Gross Profit
$30.2M
Previous year: $29.3M
+3.0%
Cash and Equivalents
$16.4M
Previous year: $21M
-21.9%
Free Cash Flow
$19.6M
Previous year: $24.7M
-20.5%
Total Assets
$198M
Previous year: $181M
+9.4%

Hackett

Hackett

Forward Guidance

The Company estimates total revenue before reimbursements for the first quarter of 2025 will be in the range of $75.0 million to $76.5 million. The Company estimates adjusted diluted earnings per share for the first quarter of 2025 to be in the range of $0.39 and $0.41, assuming a GAAP effective tax rate of 22%.