earnings
confidence high
sentiment positive
materiality 0.65
Hackett Group Q2 revenue $77.1M beats guidance; adjusted EPS $0.39 flat; $0.11 dividend
HACKETT GROUP, INC.
2023-Q2 EPS reported
$0.62
revenue$148,331,000
- Q2 total revenue $77.1M ($75.6M before reimbursements) above guidance high end; GAAP EPS $0.32, adjusted EPS $0.39, flat YoY.
- Cash $15.8M, debt $53.0M; paid down $5M in Q2; share repurchase authorization $13.9M remaining.
- Board declared Q3 dividend $0.11/share, payable Oct 6 to holders of record Sept 22.
- Q3 outlook: revenue before reimbursements $72.8M-$74.3M, adjusted EPS $0.38-$0.41.
- Compensation committee added ACV growth-based equity awards for CEO & CFO to offset 2023 investment impact.