8-K
filed May 7, 2024, 7:59 PM ET
ticker HCKT
CIK 0001057379
earnings
confidence high
sentiment positive
materiality 0.70
Hackett Group Q1 revenue $77.2M beats guidance; adjusted EPS $0.39 at high end
HACKETT GROUP, INC.
2024-Q1 EPS reported
$0.32
revenue$77,187,000
- Total revenue of $77.2M, up 8.4% YoY; revenue before reimbursements $75.7M exceeded high end of guidance.
- GAAP diluted EPS $0.32 vs $0.30 YoY; adjusted diluted EPS $0.39 vs $0.37, at high end of guidance.
- Cash flow from operations turned positive to $2.8M from -$3.1M in prior year.
- Q2 2024 guidance: revenue before reimbursements $73.5M-$75.0M; adjusted EPS $0.36-$0.39.
- Board declared Q2 dividend of $0.11/share payable July 5 to holders of record June 21; repurchased 205k shares for $4.8M in Q1.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
HACKETT GROUP, INC. reported first quarter ended March 29, 2024 results: revenue $77.2 million, EPS $0.32.
- Period
- first quarter ended March 29, 2024
- Revenue
- $77.2 million
- EPS
- $0.32
- Result
- reported results
Exact text from the filing
total revenue in the first quarter of 2024 was $77.2 million
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HACKETT GROUP, INC. shareholders approved Proposal 1 - Election of Director at the 2024-05-02 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
Proposal 1 - Election of Director. The shareholders of the Company elected the director nominee named below to serve until the 2027 Annual Meeting of Shareholders and until his or her successor is duly elected and qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HACKETT GROUP, INC. shareholders approved Proposal 2 – Amendment to the Company’s 1998 Stock Option and Incentive Plan at the 2024-05-02 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
Proposal 2 – Amendment to the Company’s 1998 Stock Option and Incentive Plan. The shareholders of the Company approved an amendment to the Company’s 1998 Stock Option and Incentive Plan (the “Plan”) to (i) increase the sublimit under the Plan for the issuance of restricted stock and restricted stock units by 1,200,000 shares, and (ii) increase the total number of shares authorized for issuance under the Plan by 1,200,000 shares. The following is a breakdown of the voting results: BROKER FOR AGAINST ABSTAIN NON-VOTES 22,545,974 359,916 41,962 1,662,428
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HACKETT GROUP, INC. shareholders approved Proposal 3 – Advisory Vote on Executive Officer Compensation at the 2024-05-02 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
Proposal 3 – Advisory Vote on Executive Officer Compensation. The shareholders of the Company approved an advisory vote on executive officer compensation. The following is a breakdown of the voting results: BROKER FOR AGAINST ABSTAIN NON-VOTES 22,671,861 260,616 15,375 1,662,428
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HACKETT GROUP, INC. shareholders approved Proposal 4 – Appointment of RSM US LLP as Independent Auditor at the 2024-05-02 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-02
Exact text from the filing
Proposal 4 – Appointment of RSM US LLP as Independent Auditor. The shareholders of the Company ratified the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 27, 2024. The following is a breakdown of the voting results: BROKER FOR AGAINST ABSTAIN NON-VOTES 24,162,844 415,815 31,621 -
View on SEC.gov
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