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

Issuer:     TETRA TECH INC (TTEK)
CIK:        0000831641
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001104659-24-055798
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 reports record Q2 results; EPS up 34% YoY, raises FY2024 guidance
----------------------------------------------------------------------------

- Record Q2 net revenue $1.05B (+9% YoY); EBITDA $135M (+28% YoY); EPS $1.42 (+34% YoY).
- Backlog of $4.74B, up 11% YoY, largest ever for Q2; operating cash flow $103M, up 17%.
- Board declares $0.29/share quarterly dividend, payable May 31, 2024 to holders of record May 20.
- Raised FY2024 net revenue and EPS guidance; key wins include $464M Army remediation and $375M NASA contracts.
- DSO improved to 55 days; cash from operations $103M, up 17% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831641/000110465924055798/0001104659-24-055798-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831641/000110465924055798/tm2413171d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-055798

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