Tetra Tech Q3 revenue up 11% to $890M, EPS $1.09; raises FY2022 guidance, increases dividend 15%

TETRA TECH INC

2022-Q3 EPS reported $3.32 revenue$2,601,485,000

Revenue $890M (+11% YoY), net revenue $720M (+13%), operating income $84M (+20%).
EPS $1.09 (+15%), cash from ops $98M (+42%), DSO improved to 58.8 days.
Backlog $3.51B (+8%) or $3.65B (+12% constant currency).
Board declares $0.23 quarterly dividend (+15%), payable Aug 26, 2022; repurchased $50M in stock.
Management increases FY2022 guidance for net revenue and EPS citing strong demand.

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