Tetra Tech Q3 2022 Earnings Report
Key Takeaways
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%.
Revenue in the third quarter totaled $890 million, up 11% year-over-year.
Net revenue was $720 million, up 13% year-over-year.
Operating income was $84 million, up 20% year-over-year.
Earnings per share (EPS) was $1.09, up 15%.
Tetra Tech
Tetra Tech
Forward Guidance
Tetra Tech expects EPS for the fourth quarter of fiscal 2022 to range from $1.13 to $1.18 and net revenue to range from $676 million to $726 million. For fiscal 2022, Tetra Tech is increasing adjusted EPS to now range from $4.38 to $4.43 and increasing the guidance for net revenue to range from $2.78 billion to $2.83 billion.