Exponent, Inc. Reports Earnings Results for the First Quarter Ended April 01, 2022
April 28, 2022 at 04:01 pm EDT
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Exponent, Inc. reported earnings results for the first quarter ended April 01, 2022. For the first quarter, the company reported sales was USD 117.87 million compared to USD 109.58 million a year ago. Revenue was USD 128.48 million compared to USD 116.48 million a year ago. Net income was USD 29.61 million compared to USD 30.85 million a year ago. Basic earnings per share from continuing operations was USD 0.56 compared to USD 0.59 a year ago. Diluted earnings per share from continuing operations was USD 0.56 compared to USD 0.58 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.