Tetra TechNASDAQ: TTEK

Tetra Tech, Inc. (NASDAQ:TTEK ) Q3 2024 Earnings Conference Call November 14, 2024 11:00 AM ET Company Participants Dan Batrack - Chairman and Chief Executive Officer Steve Burdick - Chief Financial Officer Leslie Shoemaker - Chief Innovation Officer Conference Call Participants Tim Mulrooney - William Blair Sangita Jain - KeyBanc Capital Markets Ryan Connors - Northcoast Tate Sullivan - Maxim Group Michael Dudas - Vertical Research Partners Sabahat Khan - RBC Capital Markets Operator Good morning and thank you for joining Tetra Tech's Earning Call. As a reminder, Tetra Tech is also simulcasting this presentation with slides in the Investor section of its website at tetratech.com.

TTEK's fiscal fourth-quarter 2024 results reflect growth across each of its segments, driven by solid momentum across end markets.

Tetra Tech (TTEK) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.36 per share a year ago.

PASADENA, Calif.--(BUSINESS WIRE)-- #leadingwithscience--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the Utah Army National Guard awarded Tetra Tech a five-year, single-award contract not to exceed $30 million. The watershed-focused restoration and resiliency contract will support its Camp Williams training site. Extreme climate impacts over the past two decades have affected the Camp W.

PASADENA, Calif.--(BUSINESS WIRE)-- #USAID--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the U.S. Agency for International Development (USAID) has selected the Company for a $5 billion, multiple-award indefinite delivery, indefinite quantity (IDIQ) contract to support global democracy initiatives. Under the 10-year contract, Tetra Tech will support USAID's Office of Transiti.

TTEK clinches a deal from NI Water to support the planning and delivery of major water and wastewater infrastructure projects in Northern Ireland.

Institutional investors own 93.71% of Tetra Tech, reflecting confidence in its outperformance of the S&P 500. Tetra Tech's competitive advantages include proprietary technologies, as well as superior margins and ROCE compared to competitors. Q3 fiscal 2024 results showed record revenue, increased operating income, and significant backlog growth, indicating sustained profitability and growth.

TTEK clinches a $249 million multiple-award deal from USACE to provide environmental evaluation and design services for facilities and sites across the United States.

TTEK clinches a $39.3 million single-award deal from USAID to enhance gender equality and women's economic empowerment opportunities.