earnings
confidence high
sentiment neutral
materiality 0.75
Hackett Group Q2 revenue $69.3M, adj EPS $0.34; Q3 guidance adj EPS $0.37-0.39
HACKETT GROUP, INC.
- Q2 total revenue $69.3M (down from $78.9M YoY); GAAP EPS $0.18, adjusted EPS $0.34 (vs $0.38 YoY).
- Operating cash flow $15.2M; reduced net debt by $6.1M, repurchased $4.0M stock, paid $3.0M dividends.
- Credit facility amended to $125M, maturity extended to Aug 2031; $81M outstanding as of Q2 end.
- Q3 guidance: revenue before reimbursements $68-70M, adjusted EPS $0.37-0.39.
- Board declared $0.12/share dividend payable Oct 2 to holders of record Sep 18.