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Oct 02, 2022
Tetra Tech Q4 2022 Earnings Report
Tetra Tech achieved record high quarterly results in revenue, net revenue, operating income, EPS, and backlog.
Key Takeaways
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.
Achieved record high quarterly results in revenue, net revenue, operating income, EPS, and backlog.
Revenue in the fourth quarter totaled $903 million and net revenue was $736 million.
Operating income was a record at $95 million; adjusted operating income was $94 million.
Backlog increased to $3.74 billion, up 8% year-over-year.
Forward Guidance
Tetra Tech expects EPS for the first quarter of fiscal 2023 to range from $1.15 to $1.20 and net revenue to range from $675 million to $725 million. For fiscal 2023, Tetra Tech expects EPS to range from $4.70 to $4.90, and net revenue to range from $2.90 billion to $3.10 billion.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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