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Tetra Tech Inc - TTEK STOCK NEWS

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. The company boasts a diverse team of experts in the fields of science, research, engineering, construction, and information technology. Tetra Tech's integrated services approach enables them to deliver the best solutions to meet their clients' needs across various sectors.

With a workforce of approximately 13,000 employees and revenue reaching $2.3 billion in FY 2015, Tetra Tech operates from more than 300 offices worldwide. The company specializes in providing consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. Notably, Tetra Tech excels in delivering water-related services to both public and private clients, designing complex infrastructure, facilities, and resource management plans.

Tetra Tech's operations are divided into two major segments. The Government Services Group (GSG) focuses on activities with U.S. government clients, including federal, state, and local agencies, as well as development agencies worldwide. The Commercial/International Services Group (CIG) serves U.S. commercial clients and international clients other than development agencies.

Recent achievements of Tetra Tech include securing major contracts with government and commercial clients, expanding its footprint in international markets, and innovating sustainable and resilient solutions for infrastructure and environmental challenges. The company's financial condition remains strong, reflecting consistent growth and strategic investments in cutting-edge technologies and partnerships.

As Tetra Tech continues to evolve, it remains committed to providing high-quality services that enhance the performance and sustainability of projects around the globe. For the latest updates and news about Tetra Tech, visit their official website and financial news sections.

News

Tetra Tech Announces Planned Dates for Second Quarter 2024 Results and Conference Call

Rhea-AI Summary
Tetra Tech, Inc. (TTEK) has scheduled the release of its second quarter 2024 results on May 1, 2024, with a conference call planned for May 2, 2024. Investors can access a live webcast on the company's website.
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Tetra Tech Receives Award for Innovative PFAS Water Treatment Program

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Tetra Tech, Inc. (NASDAQ: TTEK) receives the Environmental Business Journal (EBJ) Project Merit Award for their work with the City of Dayton, Ohio, on addressing regulations for PFAS in the water supply. The project, part of a $400 million master plan, includes building the largest PFAS treatment facility in the US. Tetra Tech is designing over $200 million in improvements funded by the bipartisan infrastructure law. The company also won awards for climate change innovation, resilience, business achievement, and diversity.
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Tetra Tech to Host Inaugural Investor Day on May 14, 2024

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Tetra Tech, Inc. (TTEK) to host Investor Day at Nasdaq's Global Headquarters, focusing on revenue growth and margin expansion through a unique water cycle management approach and technology advancements.
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NASA Awards Tetra Tech $375 Million Environmental Restoration and Compliance Contract

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Tetra Tech, Inc. (NASDAQ: TTEK) secures a $375 million contract from NASA for environmental restoration and compliance services, utilizing advanced technologies and sustainable design elements. The five-year deal aims to assess and restore contaminated sites, enhance climate resiliency, and provide technical support using Tetra Tech Delta solutions.
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Tetra Tech Acquires LS Technologies to Expand Digital Transformation and Management Consulting Services

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Tetra Tech, Inc. (NASDAQ: TTEK) acquires LS Technologies, a U.S. federal enterprise technology services firm, enhancing its Federal IT Division. The acquisition brings new capabilities, resources, and clients, allowing Tetra Tech to offer advanced solutions in data analytics, cybersecurity, and digital transformation.
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Tetra Tech Reports Strong First Quarter Results and Raises Full Fiscal Year Guidance

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Tetra Tech, Inc. (NASDAQ: TTEK) reported strong first-quarter results, with revenue up 37% to $1.23 billion and net revenue up 38% to $1.02 billion. EBITDA increased 32% to $131 million, and backlog reached $4.74 billion, up 24% year-over-year. The company raised guidance for increased EPS growth of 20% for fiscal 2024. Tetra Tech announced multiple high-value contracts, including a $5 billion water framework contract for the Republic of Ireland and an $800 million U.S. Army Corps of Engineers PFAS remediation contract. The company also reported a record first quarter EPS of $1.40 and a strong cash flow of $353 million over the trailing twelve months.
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United Utilities Selects Tetra Tech for £100 Million Framework to Improve Water Quality in the United Kingdom

Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) has been selected by United Utilities for a £100 million single-award framework to improve river health in the North West of England. The 10-year framework will involve Tetra Tech engineers and scientists driving program optimization and developing solutions based on best value, lowest carbon, and cost. Tetra Tech's Chairman and CEO, Dan Batrack, expressed excitement in continuing to provide high-end modeling, technical, and operational services to United Utilities.
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Tetra Tech Announces Planned Dates for First Quarter 2024 Results and Conference Call

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Tetra Tech, Inc. (NASDAQ: TTEK) announces planned dates for first quarter 2024 results and conference call.
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Tetra Tech Wins $34 Million USAID Land and Resource Governance Project

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Tetra Tech, Inc. (NASDAQ: TTEK) has been awarded a $34 million contract by the U.S. Agency for International Development (USAID) to advance sustainable economic development through improved land rights governance. The company will work on the global USAID Integrated Land and Resource Governance II project to develop and implement land and property rights policies that protect ecosystems, catalyze private sector investments, and benefit vulnerable populations, particularly securing women’s rights. Tetra Tech's technical specialists will conduct data-driven research, implement conflict mitigation tools, and deploy innovative technology to document land rights in rural and remote areas. The company will also facilitate strategic partnerships to institute anticorruption reforms and develop effective systems and policies that advance equitable and resilient communities.
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Tetra Tech Wins $24 Million USAID Biodiversity and Ecosystem Conservation Contract

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Tetra Tech, Inc. (NASDAQ: TTEK) has been awarded a $24 million contract by USAID to preserve biodiversity, conserve natural resources, and enhance community livelihoods in Cambodia. Tetra Tech's climate experts will support Cambodian partners to protect critical ecosystems using a community-led natural resource management approach. They will combat illegal logging and wildlife poaching, implement innovative programs for economic growth, and develop long-term sustainable solutions such as blue carbon credit programs.
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FAQ

What is the current stock price of Tetra Tech (TTEK)?

The current stock price of Tetra Tech (TTEK) is $40.96 as of November 22, 2024.

What is the market cap of Tetra Tech (TTEK)?

The market cap of Tetra Tech (TTEK) is approximately 11.1B.

What services does Tetra Tech Inc provide?

Tetra Tech provides consulting, engineering, and technical services across environmental, infrastructure, resource management, energy, and international development markets.

What are Tetra Tech's main business segments?

Tetra Tech operates through two segments: Government Services Group (GSG) and Commercial/International Services Group (CIG).

How many employees does Tetra Tech have?

Tetra Tech employs approximately 13,000 individuals worldwide.

What is Tetra Tech's reported revenue?

Tetra Tech reported a revenue of $2.3 billion in FY 2015.

Where is Tetra Tech headquartered?

Tetra Tech has more than 300 offices worldwide, serving a global market.

Which clients does Tetra Tech serve?

Tetra Tech serves U.S. government clients, including federal, state, and local agencies, as well as commercial and international clients.

What are Tetra Tech's recent achievements?

Recent achievements include major contract wins, international market expansion, and the development of sustainable solutions for infrastructure challenges.

What is Tetra Tech's NASDAQ symbol?

Tetra Tech is listed on NASDAQ under the symbol TTEK.

What is unique about Tetra Tech's services?

Tetra Tech's strength lies in providing integrated services that deliver the best solutions to meet client needs, particularly in water-related services.

How can I stay updated on Tetra Tech's latest news?

You can visit Tetra Tech's official website and financial news sections for the latest updates and information.

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Tetra Tech Inc

Nasdaq:TTEK

TTEK Rankings

#816 Ranked by Market Cap
#1977 Ranked by Dividends

TTEK Stock Data

11.11B
266.44M
0.38%
96.02%
1.46%
Engineering & Construction
Services-engineering Services
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United States of America
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