Welcome to our dedicated page for Tetra Tech news (Ticker: TTEK), a resource for investors and traders seeking the latest updates and insights on Tetra Tech stock.
Tetra Tech, Inc. (NASDAQ: TTEK) is a global leader in consulting, engineering, and technical services, delivering innovative solutions for environmental, infrastructure, and technology challenges. This news hub provides investors and industry professionals with comprehensive access to the company's latest developments and strategic initiatives.
Track all official Tetra Tech announcements including quarterly earnings reports, major project awards, sustainability initiatives, and partnership updates. Our curated collection ensures you stay informed about regulatory filings, leadership changes, and technological advancements driving the company's global operations.
Key updates include environmental impact assessments, infrastructure development milestones, and digital transformation projects across water management, renewable energy, and government sectors. Access press releases detailing contract awards, service expansions, and corporate responsibility programs that demonstrate Tetra Tech's commitment to 'Leading with Science®'.
Bookmark this page for real-time updates on TTEK's market-moving news and analysis of how emerging trends in engineering consulting affect long-term growth strategies. Verify project timelines, review financial disclosures, and monitor competitive positioning through our organized news feed.
Tetra Tech, Inc. (NASDAQ: TTEK) congratulates Dr. Leslie L. Shoemaker, President and Chief Sustainability Officer, on her election to the National Academy of Engineering (NAE). Recognized for her innovative technology in watershed management, Dr. Shoemaker will be inducted in October, enhancing Tetra Tech's reputation in sustainable solutions. Since joining Tetra Tech in 1991, she has pioneered advanced analytics in watershed modeling. Under her leadership, the company aims to positively impact one billion people globally.
Tetra Tech, Inc. (NASDAQ: TTEK) announced the appointment of Prashant Gandhi to its Board of Directors, effective May 1, 2022. Mr. Gandhi brings over 20 years of expertise in digital systems and data analytics, previously serving in senior roles at McKinsey & Company and JP Morgan Chase. He will contribute to the Nominating and Corporate Governance, and Compensation Committees. Tetra Tech's CEO, Dan Batrack, emphasized Mr. Gandhi's relevant experience in digital transformation, aligning with the company's strategic focus on enhancing Tetra Tech Delta technologies.
Tetra Tech, Inc. (NASDAQ: TTEK) has announced a new $1 billion sustainability-linked credit facility, enhancing its borrowing capacity by $100 million. The facility is tied to GHG emission reductions and measures that improve lives through environmental, social, and governance benefits. Since initiating its sustainability program, Tetra Tech has reduced GHG emissions by 78%. This move reflects its commitment to sustainability, reinforced by its ambitious goal of being carbon negative by 2030.
Tetra Tech, Inc. reported strong first quarter results for fiscal 2022, with revenue reaching
Tetra Tech, Inc. (NASDAQ: TTEK) has been awarded a
Tetra Tech, Inc. (NASDAQ: TTEK) has announced that it will release its first quarter 2022 financial results on February 2, 2022, after market close. A conference call to discuss these results is scheduled for February 3, 2022, at 8:00 a.m. Pacific Time. Interested parties can access a live webcast via the company's investor relations page. As a provider of high-end consulting and engineering services, Tetra Tech employs 21,000 associates globally and focuses on sustainable solutions in various sectors, including water and renewable energy.
Tetra Tech, Inc. (NASDAQ: TTEK) has secured a position on all six lots of the Crown Commercial Service's (CCS) new four-year Construction Professional Services framework, marking a significant achievement for the company. This framework has a potential spend of £1.7 billion and focuses on various engineering and project management services, supporting UK public sector infrastructure investments. Tetra Tech aims to utilize its Leading with Science® approach to deliver sustainable infrastructure solutions that align with the UK’s net zero emission targets.
Tetra Tech, Inc. (NASDAQ: TTEK) has been awarded a five-year, $24 million contract by the U.S. Agency for International Development (USAID) to work on climate change initiatives in Cambodia. Through the Morodok Baitang project, the company aims to enhance biodiversity, promote economic development, and strengthen natural resource governance. Tetra Tech has over 40 years of experience in supporting USAID’s environmental initiatives. This contract highlights Tetra Tech's commitment to sustainable solutions and climate resilience.
Tetra Tech, Inc. (NASDAQ: TTEK) announced a significant contract with the Federal Emergency Management Agency (FEMA) under the Advancing Resilience in Communities (ARC) joint venture. This indefinite delivery, indefinite quantity contract has a ceiling of $300 million and spans up to five years. The joint venture will provide technical support to assess and manage flood risks in the northeastern United States using advanced analytics and predictive modeling. This partnership aims to enhance community resilience against flood impacts.
Tetra Tech reported record quarterly results for Q4 with revenue of $892 million, up 18% year-over-year. Net revenue reached $709 million, up 20%, while EPS was $1.52, reflecting an 85% increase year-over-year.
Fiscal year revenue totaled $3.21 billion, with net revenue of $2.55 billion. The company also declared an 18% dividend increase and announced a $400 million share buyback. Tetra Tech's backlog hit a record $3.48 billion, up 7% year-over-year.
