Tetra: Overview of Fiscal First Quarter Results

Tetra Tech Announces First Quarter Financial Results

Tetra Tech Inc., headquartered in Pasadena, California, revealed a net profit of $105 million for its fiscal first quarter, according to a report released on Wednesday.

The company’s earnings translated to 40 cents per share. After accounting for one-time items, adjusted earnings stood at 35 cents per share.

During the quarter, the consulting and engineering firm generated $1.21 billion in total revenue, with adjusted revenue reported at $1.04 billion.

Outlook for Upcoming Quarters

Looking ahead to the quarter ending in March, Tetra Tech projects earnings per share to fall between 30 and 33 cents.

Expected revenue for the fiscal second quarter is anticipated to range from $975 million to $1.02 billion.

For the full fiscal year, the company forecasts earnings per share between $1.46 and $1.56, with revenue estimates spanning $4.15 billion to $4.3 billion.