Exponent Q2 net income up 14% to $0.57 EPS; raises full-year guidance

EXPONENT INC

2024-Q2 EPS reported $1.15 revenue$285,469,000

Q2 net income $29.2M ($0.57 EPS) up 14% YoY; revenue flat at $140.5M.
EBITDA margin expanded to 30.2% of revs before reimbursements vs 28.4% YoY.
Raised FY 2024 guidance: revs before reimbursements low-mid single digit growth; EBITDA margin 27.5%-28.0%.
Quarterly dividend declared at $0.28/share, payable Sep 20, record Sep 6.
Engineering & other scientific segment revs up 4% in Q2; environmental & health down 4%.

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