Tetra Tech (NASDAQ:TTEK) Surprises With Q1 Sales, Stock Soars
From Barchart: 2025-05-07 18:15:00
Tetra Tech (NASDAQ:TTEK) reported better-than-expected revenue in Q1 CY2025, with sales up 4.9% year on year to $1.10 billion. Next quarter’s revenue guidance is $1.15 billion at the midpoint, 4.2% above analyst expectations. GAAP profit was $0.02 per share, 93.4% below consensus estimates. The company lifted its full-year revenue guidance to $4.77 billion and EPS guidance for Q2 CY2025 is $0.38 at the midpoint. Tetra Tech’s backlog is $4.09 billion, down 13.7% year on year. Sales growth has been strong, with a 13.2% CAGR over the last five years. Adjusted operating margin is 11.8%. Earnings per share grew at a 6% CAGR over the last five years. The stock traded up 6.7% to $32.95 following the results.
Read more at Barchart: Tetra Tech (NASDAQ:TTEK) Surprises With Q1 Sales, Stock Soars