Exponent, Inc. (EXPO) Declares $0.30 Quarterly Dividend; 1.3% Yield
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April 22, 2015 4:10 PM EDT
MENLO PARK, Calif., April 22, 2015 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today announced that its Board of Directors has approved a two-for-one stock split of its common stock and a change in the number of authorized shares of common and preferred stock to 80 million and 2 million, respectively, each subject to stockholder approval of both the split and the change in authorized shares at the 2015 annual meeting of stockholders on May 28, 2015. If Exponent's stockholders approve the stock split and the change in authorized shares, each stockholder of record at the close of business on May 28,... More
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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