secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECH INC (TTEK)
CIK:        0000831641
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001104659-22-055917
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tetra Tech Q2 revenue $853M (+13% Y/Y), EPS $0.98 (+18%), backlog $3.61B, raises FY guidance
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- Revenue $853M, net revenue $700M (+17% Y/Y); EPS $0.98 (+18%); operating income $75M (+23%).
- Backlog $3.61B (+15% Y/Y); cash from ops $95M; DSO improved to 59 days.
- Dividend raised 15% to $0.23/share payable May 27; $50M shares repurchased in Q2, $448M remaining.
- Acquired Piteau Associates and Axiom Data Science, expanding technical consulting services.
- Increased FY2022 net revenue and EPS guidance due to strong end markets and backlog.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831641/000110465922055917/0001104659-22-055917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831641/000110465922055917/tm2214471d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-055917

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer