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Exponent Q3 Adjusted Net Income, Revenue Rise
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Exponent Q3 Adjusted Net Income, Revenue Rise
Oct 25, 2024 3:11 AM

05:33 PM EDT, 10/24/2024 (MT Newswires) -- Exponent (EXPO) reported Q3 earnings late Thursday of $0.50 per diluted share, up from $0.48 a year earlier.

Analysts polled by Capital IQ expected $0.48.

Revenue before reimbursements for the quarter ended Sept. 27 was $125.1 million, compared with $125 million a year earlier. Analysts surveyed by Capital IQ expected $125.7 million.

For Q4, the company said it expects revenue before reimbursements to grow mid-single digits. Analysts surveyed by Capital IQ expect $121 million.

For full-year 2024, revenue before reimbursements is expected to grow in the low to mid-single digits. Analysts surveyed by Capital IQ expect $516.3 million.

The company maintained its quarterly cash dividend of $0.28 per share, payable Dec. 20 to shareholders of record on Dec. 6.

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