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Exponent, Inc. (EXPO) Tops Q2 EPS by 6c

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Exponent Reports Second Quarter of Fiscal Year 2021 Financial Results

July 29, 2021 4:04 PM EDT

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

During the second quarter, we saw broad-based strength across the business as pandemic-related restrictions eased, which supported a robust level of new assignments as well as ongoing work. As a result, net revenue increased 28% and EBITDA1 margin expanded 630 basis points from the prior year period. Notably, our revenues from reactive engagements returned to pre-COVID-19 levels as seen in the second quarter of 2019, while revenues from... More