Tetra Tech, Inc. Reports Earnings Results for the Third Quarter Ended June 27, 2021
July 28, 2021 at 04:21 pm EDT
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Tetra Tech, Inc. announced earnings results for the third quarter ended June 27, 2021. For the third quarter, the company announced sales was USD 801.633 million compared to USD 709.771 million a year ago. Operating income was USD 69.807 million compared to USD 63.525 million a year ago. Net income was USD 51.903 million compared to USD 45.497 million a year ago. Basic earnings per share from continuing operations was USD 0.96 compared to USD 0.84 a year ago. Diluted earnings per share from continuing operations was USD 0.95 compared to USD 0.83 a year ago. For the nine months, sales was USD 2,321.500 million compared to USD 2,241.527 million a year ago. Operating income was USD 196.865 million compared to USD 174.356 million a year ago. Net income was USD 149.856 million compared to USD 129.205 million a year ago. Basic earnings per share from continuing operations was USD 2.77 compared to USD 2.38 a year ago. Diluted earnings per share from continuing operations was USD 2.74 compared to USD 2.34 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. 
