Hackett Group Q2 2024 revenue $77.7M, adjusted EPS $0.39; declares $0.11 dividend

HACKETT GROUP, INC.

2024-Q2 EPS reported $0.63 revenue$154,843,000

Total revenue $77.7M, revenue before reimbursements $75.9M (exceeded high end of guidance); prior year $77.1M and $75.6M respectively.
GAAP diluted EPS $0.31 vs $0.32 YoY; adjusted diluted EPS $0.39, at high end of guidance, flat YoY.
Operating cash flow $13.7M, up from $7.7M; cash $19.1M, debt $27.0M on credit facility, share repurchase authorization $12.9M.
Board declared $0.11 per share dividend, payable Oct 4, 2024 to holders of record Sep 20, 2024.
Q3 2024 outlook: revenue before reimbursements $74.5M-$76.0M; adjusted EPS $0.39-$0.41.

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