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Sep 27, 2020
Tetra Tech Q4 2020 Earnings Report
Tetra Tech reported strong Q4 and fiscal year 2020 results, driven by demand for high-end consulting services and strategic acquisitions.
Key Takeaways
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.
Revenue in the fourth quarter totaled $753 million.
Net revenue was $590 million.
EPS was $0.82 on a GAAP basis and adjusted EPS was $0.91.
Backlog at the end of the quarter was a record $3.24 billion, up 5% year-over-year.
Tetra Tech
Tetra Tech
Forward Guidance
Tetra Tech expects EPS for the first quarter of fiscal 2021 to range from $0.78 to $0.83 and net revenue to range from $570 million to $600 million. For fiscal 2021, Tetra Tech expects EPS to range from $3.30 to $3.50, and net revenue to range from $2.35 billion to $2.55 billion.