--- schema_version: "secwatch.filing_event.v1" accession: "0000950170-24-054577" form_type: "8-K" ticker: "HCKT" cik: "0001057379" company_name: "HACKETT GROUP, INC." filed_at: "2024-05-07T23:59:59+00:00" generated_at: "2026-06-02T15:44:23.633717+00:00" event_type: "earnings" sentiment: "positive" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # Hackett Group Q1 revenue $77.2M beats guidance; adjusted EPS $0.39 at high end ## Summary - 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. ## SEC filing metadata - accession: 0000950170-24-054577 - form_type: 8-K - ticker: HCKT - cik: 0001057379 - company_name: HACKETT GROUP, INC. - filed_at: 2024-05-07T23:59:59+00:00 - event_type: earnings - sentiment: positive - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 2.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1057379/000095017024054577/0000950170-24-054577-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057379/000095017024054577/hckt-20240502.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000950170-24-054577 - JSON: https://secwatch.observer/filing/0000950170-24-054577.json - Plain text: https://secwatch.observer/filing/0000950170-24-054577.txt ## Key facts - Earnings Releases 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 source text: total revenue in the first quarter of 2024 was $77.2 million evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000095017024054577/0000950170-24-054577-index.htm - Shareholder Votes 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000095017024054577/0000950170-24-054577-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000095017024054577/0000950170-24-054577-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000095017024054577/0000950170-24-054577-index.htm - Shareholder Votes 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 source text: 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 - evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000095017024054577/0000950170-24-054577-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.