Tetra Tech posted record revenue and adjusted earnings in Q2 FY25, driven by strength in State, Local, U.S. Commercial, and International markets. The company navigated the termination of USAID contracts with strong performance, raised its FY25 EPS outlook, and expanded its capital return programs.
Tetra Tech announced strong first quarter results with record revenue of $1.42 billion, up 16% year-over-year, and record backlog of $5.44 billion, up 15% year-over-year. The company's operating income was $23 million, with an adjusted operating income of $138 million, a 24% increase year-over-year.
Tetra Tech announced record results for both the fiscal year and fourth quarter ended September 29, 2024. The company's all-time high fourth quarter and annual results were driven by increasing demand for differentiated high-end consulting services for managing water resources and resilient infrastructure. Backlog increased by 12% to an all-time high of $5.38 billion.
Tetra Tech reported record third quarter revenue and raised full year guidance for net revenue and earnings. The company's GSG and CIG margins expanded. A five-for-one stock split was approved.
Tetra Tech announced strong performance in the second quarter, driven by margin expansion in GSG and CIG, as well as record backlog. The company raised its full year guidance for net revenue and earnings, projecting EPS growth of 22% for fiscal 2024.
Tetra Tech reported a strong first quarter with revenue up in all key end markets. The company raised its full year guidance for both net revenue and EPS, forecasting a 20% growth in EPS for fiscal 2024.
Tetra Tech reported record fourth-quarter results with revenue reaching $1.26 billion and net revenue at $1.06 billion, a 40% and 44% increase year-over-year, respectively. Adjusted EPS was $1.78, up 41% year-over-year, and backlog increased to an all-time high of $4.79 billion, up 28% year-over-year.
Tetra Tech reported record third-quarter results with revenue reaching $1.21 billion and net revenue increasing to $988 million, a 36% and 37% increase year-over-year, respectively. The company's EBITDA also grew by 33% to $119 million, with EPS at $1.12 and adjusted EPS at $1.29, up 19% year-over-year. Backlog increased to an all-time high of $4.39 billion, up 25% year-over-year.
Tetra Tech reported record second-quarter results with revenue reaching $1.16 billion and net revenue at $970 million, up 36% and 39% year-over-year, respectively. Adjusted EPS increased by 19% to $1.17, and backlog hit a record high of $4.27 billion, up 18% year-over-year. The company is increasing its net revenue and adjusted EPS guidance for fiscal year 2023.
Tetra Tech reported record first-quarter results for fiscal year 2023, with net revenue reaching $737 million and EPS at $2.18. The company's backlog increased to $3.81 billion, driven by strong performance in both government and commercial end markets. Tetra Tech also closed the acquisition of RPS Group, expanding its position in key markets and enhancing its expertise in climate change solutions.
Tetra Tech reported record fourth-quarter results with revenue reaching $903 million and net revenue at $736 million. Operating income was a record $95 million, and GAAP EPS was $1.55, while adjusted EPS was $1.26. Backlog increased to $3.74 billion.
Tetra Tech reported record high third quarter results in revenue, net revenue, operating income, and EPS. Revenue totaled $890 million, with net revenue up 13% year-over-year. Operating income increased by 20% year-over-year, and EPS was up 15%.
Tetra Tech reported strong second quarter results with record revenue, net revenue, and operating income. Revenue reached $853 million, net revenue was $700 million (up 17% year-over-year), and operating income increased by 23% to $75 million. EPS was $0.98, up 18%.
Tetra Tech reported strong first-quarter results with record revenue, net revenue, earnings, cash flow, and backlog. Revenue totaled $859 million, a 12% increase year-over-year, with GAAP EPS at $1.25 and adjusted EPS at $1.19, up 30% and 24% year-over-year, respectively. The company is increasing its guidance outlook for both net revenue and EPS for fiscal 2022.
Tetra Tech's Q4 2021 saw record revenue of $892 million, a 20% increase in net revenue to $709 million, and GAAP EPS of $1.52. The company's backlog reached a record $3.48 billion.
Tetra Tech reported record third quarter results with revenue totaling $802 million, a 13% year-over-year increase. EPS was $0.95, up 14% year-over-year, and adjusted EPS increased 22%. Backlog grew to an all-time high of $3.25 billion.
Tetra Tech reported strong second quarter results with record revenue and operating income. Revenue totaled $755 million, and operating income increased by 28% year-over-year. EPS was $0.83, up 26% year-over-year, and cash generated from operations reached a record $124 million, up 23% year-over-year.
Tetra Tech's first quarter results exceeded expectations, with revenue totaling $765 million and net revenue of $605 million. Operating income increased by 5% year-over-year, and EPS rose by 13% year-over-year. The company is increasing its guidance for both net revenue and EPS for fiscal year 2021.
Tetra Tech reported a solid fourth quarter, with revenue totaling $753 million and net revenue of $590 million. EPS was $0.82 on a GAAP basis and $0.91 on an adjusted basis. The company's backlog reached a record $3.24 billion, up 5% year-over-year.
Tetra Tech reported revenue of $710 million and adjusted EPS of $0.78 for Q3 2020. The company's backlog increased by 8% year-over-year, and they increased their EPS guidance for fiscal year 2020.
Tetra Tech achieved all-time first quarter highs for revenue, net revenue, operating income, EPS and backlog. Revenue totaled $798 million, up 11% year-over-year. EPS was $0.85 on a GAAP basis, up 13% year-over-year; adjusted EPS was $0.84, up 20% year-over-year. Backlog increased 13% year-over-year to $3.17 billion.