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Apr 03, 2022
Tetra Tech Q2 2022 Earnings Report
Tetra Tech achieved record results driven by double digit growth in U.S. State & Local, International and Commercial end markets.
Key Takeaways
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%.
Revenue totaled $853 million, up 13% year-over-year.
Net revenue was $700 million, up 17% year-over-year.
Operating income increased 23% to $75 million.
EPS increased 18% to $0.98.
Tetra Tech
Tetra Tech
Forward Guidance
Tetra Tech is increasing EPS to now range from $4.30 to $4.40, and increasing the guidance for net revenue to range from $2.72 billion to $2.82 billion for fiscal year 2022.