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Sep 29, 2024
Tetra Tech Q4 2024 Earnings Report
Tetra Tech reported record fiscal 2024 and fourth quarter results, driven by increasing demand for high-end consulting services.
Key Takeaways
Tetra Tech announced record results for both the fiscal year and fourth quarter ended September 29, 2024. The company's all-time high fourth quarter and annual results were driven by increasing demand for differentiated high-end consulting services for managing water resources and resilient infrastructure. Backlog increased by 12% to an all-time high of $5.38 billion.
Tetra Tech achieved record fourth quarter and fiscal year results.
Revenue growth was driven by high-end consulting services for water resources and resilient infrastructure.
Backlog reached an all-time high of $5.38 billion, up 12%.
Fiscal 2025 guidance forecasts EPS growth of 15%.
Forward Guidance
For the first quarter in fiscal 2025, Tetra Tech expects net revenue to range from $1.090 billion to $1.150 billion and EPS to range from $0.32 to $0.34. For fiscal 2025, Tetra Tech expects net revenue to range from $4.565 billion to $4.765 billion and EPS to range from $1.40 to $1.50.
Historical Earnings Impact
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