Exponent, Inc. (EXPO) Tops Q1 EPS by 16c

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Exponent Reports First Quarter of Fiscal Year 2021 Financial Results

April 29, 2021 4:05 PM EDT

MENLO PARK, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the first quarter of fiscal year 2021 ended April 2, 2021.

Our business continued to gain momentum, driving strong quarterly results which exceeded our prior expectations. In the first quarter, net revenues grew 10% and EBITDA1 margin increased 400 basis points from the prior year period. These results were bolstered by increased activity in human participant studies and litigation projects.   Exponent is winning new assignments daily, and at the same time is gradually reengaging on projects that were paused due to coronavirus restrictions and... More