Tetra Tech

Tetra Tech, Inc. engages in the provision of consulting and engineering services. It operates through the following segments: Government Services Group (GSG), Commercial and International Services Group (CIG), and Remediation and Construction Management (RCM). The GSG segment offers consulting and engineering services primarily to United States government clients such as federal, state and local, and development agencies worldwide. The CIG segment includes infrastructure and related environmental and geotechnical services, testing, engineering, and project management services to commercial and local government clients across Canada. The RCM segment focuses on the results of the wind-down of its non-core construction activities. The company was founded in 1966 and is headquartered in Pasadena, CA.

Earnings data Q1 2021

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Earnings data Q4 2024

Tetra Tech achieves record Q1 results, eyes renewable energy growth

Tetra Tech's Q1 2023 showcased exceptional financial performance with record metrics and strong sector growth. Acquisitions and backlog expansion signal a promising future. Challenges lie in meeting margin expansion targets and managing project timelines.

Tetra Tech achieves record revenue in Q2, eyes sustainable growth

Tetra Tech's exceptional Q2 performance, bolstered by the RPS acquisition, sets a strong foundation for future growth and profitability.
While facing challenges in integration and forecasting, Tetra Tech's strategic strengths and opportunities position it well for continued success in the environmental services sector.
With a focus on sustainability, revenue diversification, and operational efficiency, Tetra Tech is poised to capitalize on federal funding and commercial initiatives for sustained growth.

Tetra Tech reports stellar Q3 results, eyes growth opportunities

Tetra Tech's exceptional Q3 performance, strong financials, and strategic initiatives underscore its resilience and growth potential in the market.
Diverse revenue sources, operational efficiencies, and innovative technologies are key strengths driving Tetra Tech's success.
While challenges exist in maintaining margins and integration, Tetra Tech's focus on collaboration and market opportunities bode well for future performance.

Tetra Tech excels in Q4 2023, eyes growth amid challenges

Tetra Tech's outstanding performance in Q4 2023 underscores its resilience and growth potential, driven by strong revenue growth, margin expansion, and record backlog levels.
While facing challenges such as government uncertainties and margin management, the company remains well-positioned to capitalize on growth opportunities in key sectors and international markets.
With a strategic focus on operational efficiency, margin improvement, and proactive business development, Tetra Tech is poised for sustained success and value creation for stakeholders.

Tetra Tech reports strong Q1 growth, eyes renewable energy opportunities

Tetra Tech's Q1 performance reflects strong financial growth, driven by revenue increases, margin improvements, and strategic initiatives.
While facing challenges such as supply chain disruptions and integration complexities, the company remains well-positioned to capitalize on opportunities in renewable energy, environmental markets, and digital subscriptions.
With a focus on sustainable growth and operational efficiency, Tetra Tech's proactive approach to addressing challenges and leveraging opportunities underscores its resilience and potential for continued success.
Investors should monitor Tetra Tech's progress in executing its strategic initiatives and navigating external factors to assess its ability to sustain growth and deliver value in the long term.

Tetra Tech surpasses Q2 expectations, eyes growth in PFAS projects

Tetra Tech's strong Q2 performance, driven by revenue growth, backlog expansion, and high earnings per share, positions the company well for future growth. Challenges in managing increased PFAS-related work are balanced by opportunities in regulatory-driven projects and global defense contracts.

Tetra Tech achieves record revenue and margin growth in Q3

Tetra Tech delivered a stellar performance in Q3 2024, marked by record revenue, margin improvement, and strong earnings growth.
The company's strategic strengths lie in its international growth, water treatment expertise, margin focus, and shareholder-friendly initiatives like the stock split.
While challenges in maintaining margins and optimizing segment growth exist, Tetra Tech has opportunities to capitalize on its core strengths and drive further expansion.
Overall, Tetra Tech's Q3 results reflect a solid foundation for future growth, supported by a robust backlog and a clear focus on profitability and operational efficiency.

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Tetra Tech, Inc. engages in the provision of consulting and engineering services that focus on water, environment, infrastructure, renewable energy, and international development. It operates through the following segments: Government Services Group (GSG) and Commercial and International Services Group (CIG). The GSG segment offers consulting and engineering services primarily to United States government clients such as federal, state and local, and development agencies worldwide. The CIG segment provides consulting and engineering services to US commercial clients and international clients inclusive of the commercial and government sectors, as well as infrastructure, environmental, engineering, and project management services across Canada, Australia, New Zealand, the United Kingdom, Brazil, and Chile. The company was founded in 1966 and is headquartered in Pasadena, CA.

Tetra Tech, Inc. has strong near-term and long-term growth prospects with a healthy backlog and increasing federal funding. Revenue growth is supported by secular demand trends in water treatment and addressing contaminants, along with potential M&As contributing to overall growth. Margins are expected to benefit from a high-margin project mix, acquisition synergies, and efficiency gains.

Tetra Tech: Secular Demand Tailwinds

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PASADENA, Calif.--(BUSINESS WIRE)-- #consultingandengineering--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today the planned dates for its third quarter 2024 results and conference call. On Wednesday, July 31, 2024, after market close, Tetra Tech intends to announce its third quarter 2024 results. On Thursday, August 1, 2024, at 8:00 a.m. Pacific Time, Tetra Tech plans to host a conference call to prese.

Tetra Tech Announces Planned Dates for Third Quarter 2024 Results and Conference Call

Tetra Tech (TTEK) benefits from strength in the GSG segment and accretive acquisitions. Its measures to reward its shareholders are encouraging.

Here's Why it is Appropriate to Retain Tetra Tech (TTEK) Now

Tetra Tech (TTEK) clinches a $73 million single-award deal from USAID to enhance the availability of cost-effective and dependable electricity across 18 nations in West Africa.

Tetra Tech (TTEK) Clinches $73M Single-Award Deal From USAID

PASADENA, Calif.--(BUSINESS WIRE)-- #USAID--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the U.S. Agency for International Development (USAID) has awarded the Company a $73 million single-award contract to increase access to affordable and reliable electricity in 18 West African countries. Through the Power Africa Empower West Africa activity, Tetra Tech's energy experts wil.

Tetra Tech Awarded $73 Million USAID Contract to Expand Energy Access in West Africa

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Tetra Tech (TTEK) clinches an additional $84-million deal from USAID to strengthen energy security in the Republic of Moldova.

Tetra Tech (TTEK) Clinches an Additional $84M Deal From USAID

PASADENA, Calif.--(BUSINESS WIRE)-- #USAID--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment and sustainable infrastructure, announced today that the U.S. Agency for International Development (USAID) has awarded the Company an $85 million increase to its single-award contract to strengthen energy security in the Republic of Moldova. Through the USAID Moldova Energy Security Activity, Tetra Tech is supporting the Government of Moldo.

Tetra Tech Awarded an Additional $85 Million from USAID to Strengthen Energy Security

Tetra (TTEK) reported earnings 30 days ago. What's next for the stock?

Why Is Tetra (TTEK) Up 2.4% Since Last Earnings Report?

Tetra Tech (TTEK) benefits from higher inland navigation and coastal flood protection programs in its Government Services Group segment. Its efforts to reward shareholders with dividends augur well.

Here's Why Investors Should Bet on Tetra Tech (TTEK) Stock

PASADENA, Calif.--(BUSINESS WIRE)-- #2030vision--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment and sustainable infrastructure, hosted its inaugural Investor Day at Nasdaq's Global Headquarters in New York City on Tuesday, May 14, 2024. Tetra Tech presented its 2030 vision for long-term growth drivers and financial targets. Key Growth Drivers Leveraging its technical leadership in water and environment to address new regulatory requir.

Tetra Tech Launched Its 2030 Vision at Its Inaugural Investor Day

Tetra Tech (TTEK) acquires Convergence to offer a comprehensive line of integrated automation platform solutions to its clients.

Tetra Tech (TTEK) Buys Convergence & Boosts Product Portfolio

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PASADENA, Calif.--(BUSINESS WIRE)-- #Convergencecontrols--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that it has expanded its digital water and energy practices with the acquisition of Convergence Controls & Engineering, an industry leader in process automation and systems integration solutions. Convergence's expertise includes customized digital controls and software solutions, advanced data analytics, cloud data integration, and cybersecu.

Tetra Tech Advances Its Digital Water and Energy Practices with the Acquisition of Convergence Controls & Engineering

PASADENA, Calif.--(BUSINESS WIRE)-- #energysecurity--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) has awarded the Company a five-year, $439 million, single-award contract to advance energy security and resilience in Ukraine. Through the USAID Securing Power, Advancing Resilience & Connectivity Activity, Tetra Tech will provide strategic technical assistance to the Government of U.

Tetra Tech Wins $439 Million USAID Energy Security and Resilience Contract

Earnings per share and revenue both exceeded analyst predictions. The company hit an all-time high second-quarter backlog of $4.74 billion, signaling robust demand and future revenue potential.

Tetra Tech's Earnings Soared in Fiscal Q2

Tetra Tech, Inc. (NASDAQ:TTEK ) Q2 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Dan Batrack – Chairman and Chief Executive Officer Steve Burdick – Chief Financial Officer Leslie Shoemaker – Chief Sustainability Officer Conference Call Participants Tim Mulrooney – William Blair Sangita Jain – KeyBanc Capital Markets Sabahat Khan – RBC Capital Markets Tate Sullivan – Maxim Group Operator Good morning, and thank you for joining the Tetra Tech Earnings Call. As a reminder, Tetra Tech is also simulcasting this presentation with slides in the Investors section of its website at tetratech.com.

Tetra Tech, Inc. (TTEK) Q2 2024 Earnings Call Transcript

Tetra Tech's (TTEK) fiscal second-quarter results reflect growth across each of its segments. Management raises its revenue and earnings per share view for fiscal 2024.

Tetra Tech (TTEK) Beats on Q2 Earnings, Raises 2024 Guidance

Tetra Tech (TTEK) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.17 per share a year ago.

Tetra Tech (TTEK) Q2 Earnings and Revenues Surpass Estimates

PASADENA, Calif.--(BUSINESS WIRE)-- #consultingandengineering--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment and sustainable infrastructure, today announced results for its second quarter ended March 31, 2024. Second Quarter Highlights Net Revenue1 increased 9% to $1.05 billion EBITDA1 increased 28% to $135 million EPS increased 34% Y/Y to $1.42 Largest second quarter backlog ever of $4.74 billion, up 11% Y/Y Cashflow from operations of $103 milli.

Tetra Tech Reports Record Second Quarter Results and Raises Full Fiscal Year Guidance

PASADENA, Calif.--(BUSINESS WIRE)-- #PFAS--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Army awarded the Company a $464 million, multiple-award contract to provide environmental assessment and remediation services at Army installations throughout the United States. Under the five-year contract, Tetra Tech will investigate and remediate hazardous and toxic waste, including persistent compounds such as per- and polyfluo.

Tetra Tech Wins $464 Million Multiple-Award Contract for Environmental Remediation Services

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PASADENA, Calif.--(BUSINESS WIRE)-- #ESG--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today the release of our 2024 Sustainability Report on Earth Day. Tetra Tech is Leading with Science® to advance our commitment to improve the lives of 1 billion people around the world by 2030. We have positively impacted 625 million people, an increase of 80 million from the prior year, through innovative solutions that create sustainable water supp.

Tetra Tech Releases 2024 Sustainability Report Advancing Global Project Impact to 625 Million People

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