secwatch.observer — SEC 8-K summary
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Issuer:     EXPONENT INC (EXPO)
CIK:        0000851520
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001171843-22-002967
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exponent Q1 revenue up 7.6% to $117.9M; EPS $0.56 vs $0.58; guides FY22 mid-high single-digit revenue growth
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- Revenue before reimbursements $117.9M (+7.6% YoY); total revenue $128.5M (+10.3%).
- Net income $29.6M ($0.56 EPS) vs $30.8M ($0.58); tax benefit $6.0M ($0.11) lower than prior year's $8.8M.
- EBITDA (non-GAAP) $34.5M (29.2% of net revenues) up from $31.8M (29.0%).
- Repurchased $48.6M of stock; declared quarterly dividend of $0.24/share, payable June 24.
- FY22 guidance: revenue growth mid- to high-single digits; EBITDA margin down 200-250 bps; Q2 revenue mid-single.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851520/000117184322002967/0001171843-22-002967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851520/000117184322002967/f8k_042822.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-002967

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