Hackett Group, Inc. (HCKT) Tops Q4 EPS by 2c, Revenues Beat

Hackett Group, Inc. (NASDAQ: HCKT) reported Q4 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $59.28 million versus the consensus estimate of $56.82 million.

“Although the pandemic continued to weigh on our results, our revenues grew sequentially and our pro forma EPS was up 35 percent, which demonstrated the demand improvement as well as the increase in utilization and client engagements throughout the quarter,” stated Ted A. Fernandez, Chairman & CEO of The Hackett Group, Inc. “We expect this momentum to carry into the new year which should allow us to continue to improve our results and emerge financially and strategically stronger as and when the pandemic subsides.”

“Although the pandemic continued to weigh on our results, our revenues grew sequentially and our pro forma EPS was up 35 percent, which demonstrated the demand improvement as well as the increase in utilization and client engagements throughout the quarter,” stated Ted A. Fernandez, Chairman & CEO of The Hackett Group, Inc. “We expect this momentum to carry into the new year which should allow us to continue to improve our results and emerge financially and strategically stronger as and when the pandemic subsides.”

For earnings history and earnings-related data on Hackett Group, Inc. (HCKT) click here.

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