Hackett Group Q3 revenue $75.9M, adj. EPS $0.41; guides Q4 rev $69-70.4M

HACKETT GROUP, INC.

2023-Q3 EPS reported $0.95 revenue$224,187,000

Total revenue $75.9M, revenue before reimbursements $74.6M (above guidance high end); prior year $72.0M.
GAAP diluted EPS $0.34; adjusted diluted EPS $0.41 (at high end of guidance); prior year $0.37.
Cash $9.9M, $44M outstanding on credit facility; repaid $9M debt in Q3; $13.9M remaining buyback auth.
Board declares Q4 dividend $0.11/share, payable Jan 5, 2024 to holders of record Dec 22, 2023.
Launches Hackett Connect platform and AI Explorer; Q4 rev before reimbursements guided $69-70.4M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HACKETT GROUP, INC. reported third fiscal quarter ended September 29, 2023 results: revenue $75.9 million, EPS $0.34.

Period: third fiscal quarter ended September 29, 2023
Revenue: $75.9 million
EPS: $0.34
Result: reported results

Exact text from the filing

today announced its financial results for the third quarter, which ended on September 29, 2023. Financial Highlights • Total revenue in the third quarter of 2023 was $75.9 million and revenue before reimbursements was $74.6 million, which was above the high end of our guidance. This compares to total revenue of $72.0 million and revenue before

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HACKETT GROUP, INC. reported fourth quarter of 2023 results: EPS $0.36 and $0.38. Guidance initiated.

Period: fourth quarter of 2023
EPS: $0.36 and $0.38
Guidance: initiated
Result: guidance update

Exact text from the filing

The Company estimates total revenue before reimbursements for the fourth quarter of 2023 will be in the range of $69.0 million to $70.4 million.

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HACKETT GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000950170-23-060305

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