secwatch.observer — SEC 8-K summary
======================================

Issuer:     TETRA TECH INC (TTEK)
CIK:        0000831641
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001104659-23-009319
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tetra Tech Q1: Record net revenue $737M, adj. EPS $1.34 (+13% YoY), dividend raised 15% to $0.23
--------------------------------------------------------------------------------

- Record net revenue $737M; adjusted EPS $1.34, up 13% YoY; record backlog $3.81B (+11% YoY).
- Adjusted operating income $97M (+17% YoY); adjusted EBITDA margin 14.0% (record high).
- Board declared $0.23/share quarterly dividend, +15% YoY, payable Feb 24 to record Feb 13; 35th consecutive quarterly dividend.
- Closed RPS Group acquisition adding 5,000 staff; expands UK water and energy transformation capabilities.
- New orders ~$1B in quarter; double-digit growth in both government and commercial end markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831641/000110465923009319/0001104659-23-009319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831641/000110465923009319/tm235101d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-009319

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