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Tetra Tech Reports Record Third Quarter 2021 Results


Tetra Tech Reports Record Third Quarter 2021 Results
Revenue of $802 million, up 13% Y/Y
Record Net Revenue of $638 million, up 14% Y/Y
EPS $0.95, up 14% Y/Y; up 22% Y/Y on an Adjusted Basis
Record Backlog of $3.25 billion, book-to-bill 1.12x
PASADENA, Calif. (BUSINESS WIRE) Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, today announced results for the third quarter ended June 27, 2021.
Third Quarter Results
Revenue in the third quarter totaled $802 million, up 13% year-over-year. Tetra Tech achieved record quarterly revenue, net of subcontractor costs (net revenue)
1, of $638 million, up 14% year-over-year. EPS was $0.95 up 14% and up 22% on an adjusted basis year-over-year. Cash flow from operations was $69 million and days sales outstanding (“DSO”) declined five days year-over-year to 65 days, the lowest level in over 10 years. Backlog grew to an all-time high of $3.25 billion with increa ....

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Esri UK and Tetra Tech join forces to provide one-stop solution for indoor mapping


Esri UK and Tetra Tech join forces to provide one-stop solution for indoor mapping
March 17, 2021 By Editor
New partnership delivers all components required for indoor digital twins
17 March 2021 – Esri UK today announced a new partnership with Tetra Tech to offer customers an end-to-end solution for indoor mapping, designed to capitalise on an increasing demand for indoor mapping for facilities management and indoor navigation, at large offices, campuses, or hospitals.
Offering the complete workflow, global consulting and engineering services company Tetra Tech will provide the necessary 3D terrestrial laser scanning, data analytics and CAD to GIS expertise, while Esri UK will offer its GIS system with numerous indoor mapping capabilities, including interactive floorplans, indoor positioning for wayfinding plus real-time people and asset tracking. ....

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