3Mo·

Tetra Tech reports record results in the third quarter, raises forecast and announces a five-for-one stock split.


$TTEK (+1,03 %)


Sales increased 11% year-on-year to 1.34 billion US dollars

Net sales1 increased by 12% year-on-year to 1.11 billion US dollars

Operating profit increased by 32% year-on-year to USD 129 million

Earnings per share increased by 42% year-on-year to USD 1.59

Order backlog increased by 19% year-on-year to USD 5.23 billion

Industry leading DSO of 54 days

Cash flow from operating activities of USD 141 million

Net debt / EBITDA reduced by 34% Y/Y to 1.15x

Recent key achievements


USD 439 million to build energy resilience through innovative solutions for diversified generation, supply and storage of energy in Ukraine

USD 73 million to increase energy resilience and support sustainable infrastructure across West Africa

USD 65 million for disaster risk reduction related to the impacts of climate change and rising sea levels in vulnerable areas in the Asia-Pacific region

USD 64 million to support sustainable land and infrastructure systems, including water resource management and irrigation in developing countries

USD 56 million to develop an advanced water treatment and PFAS removal solution for a new facility in Virginia

USD 54 million for sustainable climate change adaptation infrastructure programs in Southeast Asia

US$35 million for the assessment and restoration of water and environmental impacts associated with fire recovery in Hawaii

US$32 million for the investigation and assessment of contaminated sediments in the Anacostia River in the Potomac River Basin

USD 27 million for the assessment and development of leachate treatment solutions at municipal landfills in California

Management commentary


Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-quality water, environmental and sustainable infrastructure consulting and engineering services, today announced results for the third quarter ended June 30, 2024.


https://youtu.be/sdL-H3rBm_Y?si=Ig0nngS4MxUkIu8L

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6 Commentaires

image de profil
what do you currently think of it as a first purchase?
and do you have an opinion on $BLD
image de profil
The company doesn't ring a bell.
But it looks interesting and could benefit from interest rate cuts
image de profil
A very interesting company. However, I saw that there was a lot of insider selling in September and August. Isn't that a warning signal?

https://www.finanznachrichten.de/nachrichten-aktien/tetra-tech-inc.htm. (see news on the page below).
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