Tetra Tech, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 03, 2022
May 04, 2022 at 05:19 pm EDT
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Tetra Tech, Inc. reported earnings results for the second quarter and six months ended April 03, 2022. For the second quarter, the company reported sales was USD 852.74 million compared to USD 754.76 million a year ago. Net income was USD 53.04 million compared to USD 45.52 million a year ago. Basic earnings per share from continuing operations was USD 0.99 compared to USD 0.84 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to USD 0.83 a year ago.
For the six months, sales was USD 1,711.26 million compared to USD 1,519.87 million a year ago. Net income was USD 121.53 million compared to USD 97.95 million a year ago. Basic earnings per share from continuing operations was USD 2.25 compared to USD 1.81 a year ago. Diluted earnings per share from continuing operations was USD 2.23 compared to USD 1.79 a year ago.
Tetra Tech, Inc. is a global provider of consulting and engineering services that is focused on water, environment, sustainable infrastructure, renewable energy and international development. The Company is Leading with Science to provide solutions for its public and private clients. The Company operates through its two segments: government services group (GSG) and commercial/international services group (CIG). Its GSG segment provides consulting and engineering services primarily to United States (U.S.) government clients and development agencies worldwide. The Company's CIG segment primarily provides consulting and engineering services to U.S. commercial clients and international clients that include both commercial and government sectors. Its CIG segment provides sustainable infrastructure and related environmental, engineering and project management services to commercial and local government clients across Canada, in Asia Pacific, the United Kingdom, as well as Brazil and Chile.
TETRA TECH, INC. 
