Tetra Tech Reports Second Quarter 2020 Results

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Go back to Tetra Tech Reports Second Quarter 2020 Results

Tetra Tech (TTEK) Tops Q2 EPS by 2c, Revenues Beat; Withdraws FY20 Guidance

April 29, 2020 4:39 PM EDT

Tetra Tech (NASDAQ: TTEK) reported Q2 EPS of $0.73, $0.02 better than the analyst estimate of $0.71. Revenue for the quarter came in at $734 million versus the consensus estimate of $595.21 million.

Revenue of $734 million and Net Revenue of $584 millionEPS $0.66; Adjusted EPS $0.73Increased quarterly dividend by 13% to $0.17

Chairman and CEO Comments

Tetra Techs Chairman and CEO, Dan Batrack, commented, We entered 2020 in the best position in the Companys history, with record backlog... More