Tetra Tech, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 03, 2022
August 03, 2022 at 04:31 pm EDT
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Tetra Tech, Inc. reported earnings results for the third quarter and nine months ended July 03, 2022. For the third quarter, the company reported sales was USD 890.23 million compared to USD 801.63 million a year ago. Net income was USD 58.65 million compared to USD 51.9 million a year ago. Basic earnings per share from continuing operations was USD 1.1 compared to USD 0.96 a year ago. Diluted earnings per share from continuing operations was USD 1.09 compared to USD 0.95 a year ago.
For the nine months, sales was USD 2,601.49 million compared to USD 2,321.5 million a year ago. Net income was USD 180.18 million compared to USD 149.86 million a year ago. Basic earnings per share from continuing operations was USD 3.35 compared to USD 2.77 a year ago. Diluted earnings per share from continuing operations was USD 3.32 compared to USD 2.74 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. 
