Exponent, Inc. Reports Earnings Results for the Fourth Quarter Ended December 29, 2023
February 01, 2024 at 04:05 pm EST
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Exponent, Inc. reported earnings results for the fourth quarter ended December 29, 2023. For the fourth quarter, the company reported sales was USD 113.87 million compared to USD 112.59 million a year ago. Revenue was USD 122.9 million compared to USD 127.36 million a year ago.
Net income was USD 20.93 million compared to USD 22.52 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.44 a year ago.
Exponent, Inc., together with its subsidiaries, is a science and engineering consulting firm. The Company serves clients in chemicals, construction, consumer products, energy, food, beverage and nutrition, government, life sciences, insurance, manufacturing, technology, industrial equipment, transportation, and other sectors. It provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project- by-project basis. The Company has two segments: Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment is a service group providing technical consulting in different practices, primarily in engineering. The Environmental and Health segment provides services in the area of environmental, epidemiology and health risk analysis. This segment provides a range of consulting services relating to environmental hazards and risks and the impact on both human health and the environment.