Exponent, Inc. (EXPO) Tops Q4 EPS by 3c

Exponent, Inc. (NASDAQ: EXPO) reported Q4 EPS of $0.36, $0.03 better than the analyst estimate of $0.33. Revenue for the quarter came in at $110.1 million versus the consensus estimate of $103.92 million.

“The fourth quarter was exceptional and concluded a strong 2019 for Exponent. For the quarter and year we achieved double digit revenue growth and increased our EBITDA margin as compared to 2018,” commented Dr. Catherine Corrigan, President and Chief Executive Officer. “We capitalized on increased demand for proactive and reactive services related to energy storage and battery technology; we continued our integrity management assessments for the utilities industry; and we expanded our portfolio of international arbitration engagements. We diversified the scope of our human factors and product studies as we provided unique insights into the operability, usability and safety of human-machine systems.”

“Whether it’s the risk associated with the integrity of an electrical transmission line, the reliability of an automated vehicle, or the health and safety of the public, our inter-disciplinary teams of subject matter experts leverage data analytics to deliver valuable insight. We are well-positioned for continued expansion based on our world-class team of engineers and scientists, the scientific rigor underlying our conclusions and our 50 years of experience,” continued Dr. Corrigan.

For earnings history and earnings-related data on Exponent, Inc. (EXPO) click here.

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