Exponent, Inc. (EXPO) Tops Q1 EPS by 4c

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Exponent Reports First Quarter Fiscal Year 2015 Results

April 22, 2015 4:05 PM EDT

MENLO PARK, Calif., April 22, 2015 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the first quarter ended April 3, 2015.

For the first quarter of 2015, revenues before reimbursements increased 4% to $76,141,000, from $72,967,000 in the same period one year ago. Total revenues increased 6% to $80,293,000 from $75,962,000 in the same period one year ago.

Net income for the first quarter increased 13% to $10,333,000 from $9,154,000 in the first quarter of 2014. Earnings per diluted share increased to $0.75 as compared to $0.66 in the same quarter in 2014. EBITDA1 increased 11% to $18,418,000, as compared to $16,643,000 in the same period one year ago.

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