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Exponent Inc. (Nasdaq: EXPO) is a leading engineering and scientific consulting firm dedicated to providing solutions to complex issues faced by various industries. The company operates through a highly multidisciplinary organization comprising scientists, physicians, engineers, and business consultants, bringing together over 90 technical disciplines. With a presence in 20 offices across the United States and 6 international locations, Exponent is committed to delivering unparalleled technical expertise.
Core Business and Services: Exponent operates through two main segments: Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment, which accounts for the majority of Exponent's revenue, focuses on services such as biomechanics, biomedical engineering, civil engineering, and construction consulting. The Environmental and Health segment addresses chemical regulation, food safety, ecological and biological sciences, and environmental and earth sciences.
Latest Achievements: Exponent recently reported a 5% increase in total revenues for the third quarter of 2023, highlighting its adaptability and diversified portfolio. The company also announced a quarterly cash dividend of $0.26 per share to be paid in December 2023 and has continued its commitment to return value to shareholders through dividends and stock repurchases.
Recent Projects: The firm is actively engaged in failure analysis and dispute-related work across multiple sectors, including consumer electronics, transportation, and energy. It has also been involved in regulatory consulting services for the chemical industry and in providing safety-related evaluations.
Financial Condition: Exponent's financial results for the first three quarters of 2023 include a 7% increase in total revenues to $413.9 million. The company closed the period with $137.1 million in cash and cash equivalents, indicating robust financial health.
Partnerships and Collaborations: Exponent collaborates with a wide range of clients, including multinational corporations, startups, law firms, insurance companies, and government agencies. This diverse client base underscores the firm's ability to address a variety of complex challenges.
In summary, Exponent Inc. continues to leverage its deep technical expertise and multidisciplinary approach to address the evolving needs of modern industries, ensuring long-term growth and value creation for its stakeholders.
Exponent, Inc. (Nasdaq: EXPO) will report its first quarter fiscal 2023 financial results on April 27, 2023. The results will cover the period that ended on March 31, 2023. Following the release, CEO Dr. Catherine Corrigan and CFO Richard Schlenker will host a conference call at 4:30 p.m. ET to discuss the financial performance and business outlook.
Investors can access the live call at (844) 481-2781 or (412) 317-0672. A replay will be available until May 4, 2023. For further details, visit the Investor Relations section on Exponent's website.
Exponent, Inc. (Nasdaq: EXPO) announced a quarterly dividend increase from $0.24 to $0.26 per share, payable on March 24, 2023, to shareholders of record as of March 10, 2023. In 2022, the company returned $205.1 million to shareholders, comprising $49.2 million in dividends and $155.9 million in stock repurchases. CEO Dr. Catherine Corrigan emphasized the strength of the company's balance sheet and commitment to shareholder value. Exponent plans to continue quarterly dividends each year in March, June, September, and December, subject to Board approval.
Exponent, Inc. (Nasdaq: EXPO) reported strong financial results for Q4 and FY 2022, highlighting a revenue increase of 7% before reimbursements and 10.1% for the full year. Q4 revenues reached $127.4 million, a 12.2% rise, with net income up to $22.5 million ($0.44 per diluted share). For FY 2022, net income was $102.3 million ($1.96 per diluted share). The engineering segment contributed 83% of revenues, reflecting robust demand across various sectors. Looking ahead, Exponent anticipates revenue growth in the high-single to low-double digits for Q1 2023 and FY 2023, reinforcing its strong market position.
Exponent, Inc. (Nasdaq: EXPO) will announce its fourth quarter and fiscal year 2022 financial results on February 2, 2023, after market close. The CEO Dr. Catherine Corrigan and CFO Richard Schlenker will discuss the results in a conference call at 4:30 p.m. ET. Interested parties can join via live call or listen to a replay available until February 9, 2023. Exponent is a consulting firm specializing in engineering and scientific solutions, drawing from over 50 years of experience to tackle complex challenges in safety, health, and sustainability.
Exponent, Inc. (Nasdaq:EXPO) has declared a quarterly cash dividend of $0.24 per share, payable on December 23, 2022, to shareholders of record as of December 9, 2022. The company has consistently paid quarterly dividends in March, June, September, and December, indicating a commitment to shareholder value. Dr. Catherine Corrigan, President and CEO, emphasized the firm’s robust business model and financial health as key to supporting ongoing dividends, while addressing increasing demands for safety and sustainability in clients' operations.
Exponent, Inc. (Nasdaq: EXPO) reported Q3 2022 financial results, showing a 9.3% increase in total revenues to $127.2 million year-over-year, with EBITDA at $34.6 million, representing 30.0% of revenues. However, net income slightly decreased to $24.4 million or $0.47 per diluted share. Year-to-date revenues grew 9.4% to $385.9 million, but net income fell to $79.8 million. Looking ahead, Exponent anticipates mid- to high-single-digit revenue growth for Q4 and a 6-7% growth for the full year, though EBITDA margins are expected to decrease by 100 to 125 basis points.
Exponent, Inc. (Nasdaq:EXPO) will announce its third-quarter financial results for the fiscal year 2022 on October 27, 2022, after market close. A conference call hosted by CEO Dr. Catherine Corrigan and CFO Richard Schlenker will follow at 4:30 p.m. ET. Investors can access the call via phone or through a webcast on the company’s website. Exponent specializes in engineering and scientific consulting, utilizing over 50 years of experience to address complex challenges across various technical disciplines.
Exponent, Inc. (Nasdaq: EXPO) reported Q2 2022 revenues of $130.3 million, up 8.7% year-over-year, with net income at $25.8 million or $0.49 per diluted share. Year-to-date revenue rose 9.5% to $258.8 million, but net income dropped to $55.4 million, or $1.05 per diluted share. The company anticipates mid-single-digit revenue growth for Q3 and maintains its annual revenue guidance while lowering its EBITDA margin outlook. Exponent's cash and equivalents stand at $165.6 million, and it has a share repurchase authorization of $106.6 million left.
Exponent, Inc. (Nasdaq: EXPO) has declared a quarterly cash dividend of $0.24 per share, payable on September 23, 2022, to stockholders of record as of September 9, 2022. The company has a history of quarterly dividends paid in March, June, September, and December. CEO Dr. Catherine Corrigan emphasized this move reflects confidence in Exponent's business strength and commitment to shareholder value. Exponent specializes in complex problem-solving across various technical disciplines, leveraging over 50 years of experience to serve clients effectively.
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