secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECH INC (TTEK)
CIK:        0000831641
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001104659-23-118762
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 Q4 revenue $1.26B +40% YoY, adj EPS $1.78 +41%, FY revenue $4.52B, initiates FY24 growth guidance
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- Q4 revenue $1.26B (+40% YoY), net revenue $1.06B (+44%), GAAP EPS $1.00, adj EPS $1.78 (+41%).
- Adjusted EBITDA $153M (+51% YoY); backlog record $4.79B (+$1.05B YoY).
- FY23 revenue $4.52B (+29%), net revenue $3.75B (+32%), adj EBITDA $481M (+33%); GAAP EPS $5.10; adj EPS $5.58 (+24%).
- Cash from ops Q4 $122M (+103% YoY); FY23 $368M; DSO record low 54 days.
- Dividend raised 13% to $0.26/share, payable Dec 13, 2023; FY24 guidance expects double-digit revenue and EPS growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831641/000110465923118762/0001104659-23-118762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831641/000110465923118762/tm2330497d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-118762

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