Exponent, Inc. (EXPO) Tops Q3 EPS by 2c; Announces Additional $35M Buyback
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Exponent Adds to Stock Repurchase Authorization and Declares Regular Quarterly Dividend
October 21, 2015 4:06 PM EDTMENLO PARK, Calif., Oct. 21, 2015 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today announced that its Board of Directors has authorized an additional stock repurchase plan and has declared a quarterly cash dividend of $0.15 per share of common stock to be paid on December 18, 2015 to all common stockholders of record as of November 27, 2015.
Exponent's Board of Directors has approved an additional $35 million in share repurchases, adding to the Company's existing $15.3 million available under the current authorization for repurchase. In total, the Company now has approximately $50 million available to repurchase shares. This plan... More
Exponent Reports Third Quarter 2015 Results
October 21, 2015 4:05 PM EDTMENLO PARK, Calif., Oct. 21, 2015 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the third quarter and nine months ended October 2, 2015.
For the third quarter of 2015, revenues before reimbursements increased to $74,503,000 from $74,264,000 in the third quarter of 2014. Total revenues increased to $78,994,000 from $78,557,000 in the same period one year ago.
Net income for the third quarter increased 6% to $11,719,000 from $11,040,000 in the third quarter of 2014. Earnings per diluted share increased to $0.43 as compared to $0.40 in the same quarter last year. EBITDA1 increased 2% to $20,055,000 as compared to $19,688,000 in the same... More
