Exponent: Q4 Financial Results Overview
Exponent Inc. Exceeds Expectations in Fourth Quarter
Exponent Inc., headquartered in Menlo Park, California, announced a net profit of $24.8 million for the fourth quarter.
The company reported earnings of 49 cents per share, outperforming the consensus estimate of 47 cents per share from four analysts polled by Zacks Investment Research.
During the quarter, the engineering and scientific consulting firm generated $147.4 million in revenue. Adjusted revenue reached $129.4 million, topping the $128.3 million projection from three Zacks analysts.
For the full fiscal year, Exponent Inc. recorded a total profit of $106 million, or $2.07 per share, with annual revenue amounting to $536.8 million.
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