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

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Tetra Tech Reports Second Quarter 2020 Results

April 29, 2020 4:36 PM EDT

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

PASADENA, Calif.--(BUSINESS WIRE)-- Tetra Tech, Inc. (NASDAQ: TTEK) today announced results for the second quarter ended March 29, 2020 and provided further information regarding the Companys response to the COVID-19 pandemic.

Second Quarter Results

Revenue in the second quarter totaled $734 million, up 2% year-over-year. Revenue, net of subcontractor costs (net revenue)1, in the second quarter was $584 million, similar to last year. On a constant... More