The Hackett Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 29, 2023
November 07, 2023 at 04:25 pm EST
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The Hackett Group, Inc. reported earnings results for the third quarter and nine months ended September 29, 2023. For the third quarter, the company reported sales was USD 74.63 million compared to USD 71 million a year ago. Revenue was USD 75.86 million compared to USD 72.03 million a year ago. Net income was USD 9.42 million compared to USD 10.37 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.32 a year ago.
For the nine months, sales was USD 220.11 million compared to USD 220.87 million a year ago. Revenue was USD 224.19 million compared to USD 223.63 million a year ago. Net income was USD 26.3 million compared to USD 31.09 million a year ago. Basic earnings per share from continuing operations was USD 0.97 compared to USD 0.98 a year ago. Diluted earnings per share from continuing operations was USD 0.95 compared to USD 0.97 a year ago.
The Hackett Group, Inc. is a benchmarking, research advisory and strategic consultancy company. The Companyâs segments include Global Strategy & Business Transformation (Global S&BT), Oracle Solutions and SAP Solutions. The Global S&BT segment includes S&BT Consulting, Benchmarking, Executive Advisory Services, intellectual property (IP) as-a-Service Revenue (IPaaS) and OneStream. The Oracle Solutions Segment helps clients choose and deploy Oracle applications that meet their needs and objectives. SAP Solutions segment helps clients choose and deploy S4 HANA Cloud applications that meet their needs and objectives. Its services include benchmarking, executive advisory, IPaaS, market intelligence, business transformation and cloud enterprise application implementation. It also provides expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology, including its Oracle, SAP, and Coupa implementation offerings.
THE HACKETT GROUP, INC. 
