Trade Tetra Tech Inc - TTEK CFD

Tetra Tech Company profile

About Tetra Tech, Inc.

Tetra Tech, Inc. is a provider of consulting and engineering services that focuses on water, environment, sustainable infrastructure, renewable energy, and international development. The Company operates through two segments: Government Services Group (GSG), and Commercial/International Services Group (CIG). GSG provides consulting and engineering services primarily to U.S. government clients (federal, state and local) and development agencies worldwide. GSG supports the United States government civilian and defense agencies with services in water, environment, sustainable infrastructure, information technology, and disaster management. CIG primarily provides consulting and engineering services to the United States commercial clients, and international clients that include both commercial and government sectors. CIG supports commercial clients across the Fortune 500, renewable energy, industrial, manufacturing, and aerospace markets.

Financial summary

BRIEF: For the 13 weeks ended 02 January 2022, Tetra Tech, Inc. revenues increased 12% to $679.3M. Net income increased 31% to $68.5M. Revenues reflect CIG segment increase of 34% to $416.3M, United States segment increase of 10% to $602.7M, Foreign Countries segment increase of 18% to $255.8M. Net income benefited from CIG segment income increase of 53% to $45.3M, GSG segment income increase of 7% to $51.2M.

Equity composition

Common Stock $.01 Par, 05/11, 150M auth., 62,343,081 issd. Insiders & stakeholders owns 0.69%. IPO 12/91, 1.4M shs @ $10.50 by Robertson, Stephens & Co. PO 2/99, 3.175M shs (1M by Co.) @ $24 by BancBoston Robertson Stephens. FY'05 Q'sare being restated for discontinued operations.