Tetra Tech — Jan 29, 2025 release

  For fiscal 2025, Tetra Tech expects the full year guidance for net revenue 2 to range from $4.365 billion to $4.765 billion and adjusted EPS 3 to range from $1.37 to $1.52. For the second quarter in fiscal 2025, Tetra Tech expects net revenue to range from $1.0 billion to $1.1 billion and EPS to range from $0.30 to $0.33.   Webcast   Investors will have the opportunity to access a live audio-visual webcast and supplemental financial information concerning the first quarter of fiscal 2025 results through a link posted on the Company’s website at tetratech.com on January 30, 2025, at 8:00 a.m. (PT).     2 Reconciliation of the net revenue guidance to the most directly comparable GAAP measure is not available without unreasonable efforts because the Company cannot predict the magnitude and timing of all the components, including subcontractor costs, required to provide such reconciliation with sufficient precision.   3 The only adjustment in our guidance for EPS is to exclude the legal settlement costs of $0.35 in the first quarter of fiscal 2025.         Reconciliation of GAAP and Non-GAAP Items In thousands (except EPS data)       Three Months Ended       December 29, 2024     December 31, 2023   Revenue   $ 1,420,561     $ 1,228,267   Subcontractor costs     (223,231 )     (213,098 ) Net revenue   $ 1,197,330     $ 1,015,169