secwatch.observer — SEC 8-K summary
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Issuer:     EXPONENT INC (EXPO)
CIK:        0000851520
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001171843-22-000757
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exponent Q4 net income $20.4M ($0.38 EPS); FY net revenue up 15%, dividend raised 20% to $0.24/quarter
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- Q4 2021 revenues before reimbursements $104.3M (+7.2% YoY); net income $20.4M ($0.38 diluted EPS) vs $21.8M ($0.41) in Q4 2020.
- FY2021 net revenue $434.9M (+14.9%), net income $101.2M ($1.90 EPS) up from $82.6M ($1.55) in FY2020.
- EBITDA margin FY2021 30.4%, up 343 bps YoY; Q4 2021 EBITDA margin 28.9%.
- Guidance: Q1 2022 net revenue growth mid-to-high single digits; FY2022 net revenue growth same with EBITDA margin down 200-250 bps.
- Quarterly dividend raised 20% to $0.24 per share, payable March 25, 2022 to holders of record March 11, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851520/000117184322000757/0001171843-22-000757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851520/000117184322000757/f8k_020322.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-000757

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