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Tetra Tech — May 5, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-045597
Open on SEC.gov ↗
Showing in the filing
Net revenue
“$1.10 billion to $1.20 billion”
Period
Q3 FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 6
Quarterly dividend
“$0.065 per share”
Share repurchase program
“additional $500 million”
Net revenue for FY2025
“$4.400 billion to $4.765 billion”
Adjusted EPS for FY2025
“$1.42 to $1.52”
Net revenue for Q3 FY2025
“$1.10 billion to $1.20 billion”
EPS for Q3 FY2025
“$0.35 to $0.40”
Exhibit 99.1 · the passage around this item
… earlier in the release
  For fiscal 2025, Tetra Tech is increasing full year guidance for net revenue 2 to range from $4.400 billion to $4.765 billion and is increasing adjusted EPS 3 guidance to range from $1.42 to $1.52. For the third quarter in fiscal 2025, Tetra Tech expects net revenue to range from $1.10 billion to $1.20 billion and EPS to range from $0.35 to $0.40.   Webcast   Investors will have the opportunity to access a live audio-visual webcast and supplemental financial information concerning the second quarter of fiscal 2025 results through a link posted on the Company’s website at tetratech.com on May 8, 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 adjustments in our guidance for EPS are to exclude the legal contingency of $0.35 and goodwill impairment of $0.31.         Reconciliation of GAAP and Non-GAAP Items In thousands (except EPS data)       Three Months Ended     Six Months Ended       March 30,     March 31,     March 30,     March 31,       2025     2024     2025     2024   Revenue   $ 1,322,113     $ 1,251,616     $ 2,742,674     $ 2,479,883   Subcontractor costs     (218
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.