Hackett Group Q3 revenue $79.8M beats guidance; EPS $0.31 GAAP, $0.43 adjusted

HACKETT GROUP, INC.

2024-Q3 EPS reported $0.93 revenue$234,620,000

Q3 total revenue $79.8M, revenue before reimbursements $77.9M vs $75.9M/$74.6M YoY; above guidance.
GAAP diluted EPS $0.31 (incl. $0.02 non-cash stock comp); adjusted EPS $0.43 vs $0.41 YoY.
Closed acquisition of LeewayHertz (Gen AI consulting) and released AI XPLR v2 to boost Gen AI capabilities.
Q4 guidance: revenue before reimbursements $73.5M-$75.0M; adjusted EPS $0.41-$0.43.
Board added $20M to buyback (total $31.1M) and declared $0.11 dividend payable Jan 3, 2025.

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