Tetra Tech Q4 2022 Earnings Report
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.
Tetra Tech
Tetra Tech
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.