earnings
confidence high
sentiment neutral
materiality 0.65
Exponent reports Q3 revenue up 6.2%, net income flat; narrows FY22 guidance, declares $0.24 dividend
EXPONENT INC
2022-Q3 EPS reported
$1.52
revenue$385,938,000
- Q3 revenue before reimbursements $115.1M (+6.2% YoY); total revenues $127.2M (+9.3% YoY).
- Net income $24.4M ($0.47 diluted EPS) vs $24.6M ($0.46) in Q3 2021; EBITDA margin 30.0% vs 31.4%.
- Full-year 2022 guidance narrowed: revenue growth 6%-7%, EBITDA margin down 100-125 bps.
- Q4 2022 guidance: revenue growth mid- to high-single digits; EBITDA margin down 175-275 bps YoY.
- Declared Q4 cash dividend $0.24/share, payable Dec 23, 2022, record Dec 9, 2022 (unchanged).