secwatch.observer — SEC 8-K summary
======================================

Issuer:     HACKETT GROUP, INC. (HCKT)
CIK:        0001057379
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0000950170-23-039881
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hackett Group Q2 revenue $77.1M beats guidance; adjusted EPS $0.39 flat; $0.11 dividend
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057379/000095017023039881/0000950170-23-039881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057379/000095017023039881/hckt-20230803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-039881

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer