Exponent, Inc. (EXPO) Tops Q3 EPS by 8c, Comments on Outlook

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Exponent Reports Third Quarter Fiscal Year 2016 Financial Results

October 19, 2016 4:05 PM EDT

MENLO PARK, Calif., Oct. 19, 2016 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the third quarter ended September 30, 2016.

Exponents third quarter results were better than our prior outlook, but continue to be impacted by softness in a few industry sectors.  This was partially offset by an increase in demand related to consumer products and construction.  While utilization increased slightly as compared to the second quarter, it was still lower than the same period last year, commented Dr. Paul Johnston, Chief Executive Officer.

Our long-term value proposition remains strong,... More