The Hackett Group Announces Second Quarter 2025 Results
The Hackett Group, Inc. (NASDAQ:HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm that enables Digital World Class® performance, today announced its financial results for the second quarter, which ended on June 27, 2025.
"We reported operating results that were above and at the mid-range of our revenue and adjusted earnings per share guidance, respectively. This was achieved while aggressively investing and growing our Gen AI platforms and revenues," stated Ted A. Fernandez, Chairman and CEO of The Hackett Group, Inc. "What distinguished this quarter was our rapid pace of innovation which is allowing us to release our AI XPLR V4 in an accelerated timeline. This release allows us to identify and design Gen AI solutions and agentic workflows while considering functionality alternatives from the client's existing enterprise technology landscape at unprecedented speed. We believe this capability enables us to attract clients and channel partners that should accelerate our growth.
Financial Highlights
- Total revenue in the second quarter of 2025 was $78.9 million and revenue before reimbursements was $77.6 million which exceeded the high end of our guidance. This compares to total revenue of $77.7 million and revenue before reimbursements of $75.9 million in the second quarter of the prior year.
- GAAP diluted earnings per share was $0.06 in the second quarter of 2025, as compared to $0.31 in the second quarter of 2024. 2025 second quarter GAAP net income was impacted by non-cash compensation expense recognized in association with the stock price award program announced in September 2024 of $5.1 million, or $0.18 per diluted earnings per share. In addition, 2025 second quarter GAAP net income was also impacted by LeewayHertz acquisition related cash and non-cash compensation and related expenses, including expenses related to the Spend Matters acquisition, of $2.5 million, or $0.07 per diluted earnings per share.
- Adjusted diluted earnings per share, a non-GAAP measure, for the second quarter of 2025 was $0.38, which came in at the mid-point of our guidance, as compared to $0.39 in the second quarter of 2024. Adjusted financial information is provided to enhance the understanding of the Company's financial performance and is reconciled to the Company's GAAP information in the accompanying tables.
- As of June 27, 2025, the Company's cash balances were $10.1 million, with $23.0 million outstanding on the Company's credit facility. Additionally, during the quarter the Company repurchased 180 thousand shares of its stock at an average price of $24.50 for a total of $4.4 million. As of the end of the second quarter of 2025, the Company's remaining share repurchase program authorization was $17.0 million.
- Subsequent to the end of the second quarter, the Company's Board of Directors approved an additional $13.0 million under the share repurchase program to increase the Company's authorization to $30.0 million and declared the third quarterly dividend of $0.12 per share for its shareholders of record on September 19, 2025, to be paid on October 3, 2025.
Business Outlook for the Third Quarter of 2025
Based on the Company's current outlook:
• The Company estimates total revenue before reimbursements for the third quarter of 2025 will be in the range of $73.0 million to $74.5 million.
• The Company estimates adjusted diluted earnings per share for the third quarter of 2025 to be in the range of $0.36 and $0.38, assuming a GAAP effective tax rate of 26.5%.
Conference Call and Webcast Details
On Tuesday, August 5, 2025, senior management will discuss second quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 593-0486, [Passcode: Second Quarter]. For International callers, please dial (517) 308-9371. Please dial in at least 5-10 minutes prior to start time. If you are unable to participate on the conference call, a rebroadcast will be available beginning at 8:00 P.M. ET on Tuesday, August 5, 2025 and will run through 5:00 P.M. ET on Tuesday, August 19, 2025. To access the rebroadcast, please dial (866) 443-8027. For International callers, please dial (203) 369-1125.
In addition, The Hackett Group will also be webcasting this conference call live. To participate, simply visit https://www.thehackettgroup.com approximately 10 minutes prior to the start of the call and click on the conference call link provided. An online replay of the call will be available after 8:00 P.M. ET on Tuesday, August 5, 2025 and will run through 5:00 P.M. ET on Tuesday, August 19, 2025. To access the replay, visit www.thehackettgroup.com.
Use of Non-GAAP Financial Measures
The Company provides adjusted earnings results (which excluded non-cash stock-based compensation expense, acquisition-related cash and non-cash stock-based compensation expense, acquisition related costs, amortization expense, legal settlement and related costs and includes a GAAP tax rate) as a complement to results provided in accordance with Generally Accepted Accounting Principles (GAAP). These non-GAAP results are provided to enhance the users' overall understanding of the Company's current financial performance and its prospects for the future. The Company believes the non-GAAP results provide useful information to both management and investors and by excluding certain expenses that it believes are not indicative of its core operating results. The non-GAAP measures are included to provide investors and management with an alternative method for assessing operating results in a manner that is focused on the performance of its ongoing primary operations and to provide a consistent basis for comparison between quarters. Further, these non-GAAP results are one of the primary indicators management uses for planning and forecasting. The presentation of this additional non-GAAP information should be considered in addition to, and not as a substitute for or superior to, any results prepared in accordance with GAAP. See the reconciliation of actual results titled "Reconciliation of GAAP to Non-GAAP Measures" in the accompanying tables.
About The Hackett Group®
The Hackett Group, Inc. (NASDAQ:HCKT) is an IP and platform-based, Gen AI strategic consulting and executive advisory firm that enables Digital World Class® performance. Using AI XPLR™ and ZBrain™ – our ideation through implementation platforms – our experienced professionals help organizations realize the power of Gen AI and achieve quantifiable, breakthrough results, allowing us to be key architects of their Gen AI journey.
Our expertise is grounded in unparalleled best practices insights from benchmarking the world's leading businesses – including 97% of the Dow Jones Industrials, 90% of the Fortune 100, 70% of the DAX 40 and 51% of the FTSE 100. Visit us at www.thehackettgroup.com.
Trademarks
The Hackett Group®, quadrant logo, and Digital World Class® are the registered marks of The Hackett Group®.
Cautionary Statement Regarding "Forward-Looking" Statements
This release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements including without limitation, words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward-looking statements. Forward-looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward-looking statements include without limitation, the ability of The Hackett Group to effectively market its digital transformation, our ability to transition our capabilities to support generative artificial intelligence (AI)-related consulting services and solutions and other consulting services, our ability to effectively integrate acquisitions, including the LeewayHertz and Spend Matters acquisitions into our operations, our ability to manage joint ventures and successfully cooperate with our joint venture partners, competition from other consulting and technology companies that may have or develop in the future, similar offerings, the commercial viability of The Hackett Group and its services as well as other risk detailed in The Hackett Group's reports filed with the United States Securities and Exchange Commission. The Hackett Group does not undertake any duty to update this release or any forward-looking statements contained herein.
| The Hackett Group, Inc. | |||||||||||||||
| CONSOLIDATED STATEMENTS OF OPERATIONS | |||||||||||||||
| (in thousands, except per share data) | |||||||||||||||
| (unaudited) | |||||||||||||||
Quarter Ended |
|
Six Months Ended |
|||||||||||||
June 27, |
|
June 28, |
|
June 27, |
|
June 28, |
|||||||||
2025 |
2024 |
|
2025 |
|
2024 |
||||||||||
| Revenue: | |||||||||||||||
| Revenue before reimbursements | $ |
77,629 |
|
$ |
75,896 |
|
$ |
153,860 |
|
$ |
151,623 |
|
|||
| Reimbursements |
|
1,270 |
|
|
1,760 |
|
|
2,904 |
|
|
3,220 |
|
|||
| Total revenue |
|
78,899 |
|
|
77,656 |
|
|
156,764 |
|
|
154,843 |
|
|||
| Costs and expenses: | |||||||||||||||
| Cost of service: | |||||||||||||||
| Personnel costs before reimbursable expenses (includes $4,985 and $9,913 and $1,640 and $3,033 of non-cash stock based compensation expense in the three and six months ended June 27, 2025 and June 28, 2024, respectively) |
|
49,672 |
|
|
45,395 |
|
|
98,052 |
|
|
91,166 |
|
|||
| Reimbursable expenses |
|
1,270 |
|
|
1,760 |
|
|
2,904 |
|
|
3,220 |
|
|||
| Total cost of service |
|
50,942 |
|
|
47,155 |
|
|
100,956 |
|
|
94,386 |
|
|||
| Selling, general and administrative costs (includes $4,736 and $9,480 and $1,210 and $2,416 of non-cash stock based compensation expense in the three and six months ended June 27, 2025 and June 28, 2024, respectively) |
|
23,362 |
|
|
17,985 |
|
|
46,810 |
|
|
36,314 |
|
|||
| Legal settlement and related costs |
|
- |
|
|
- |
|
|
- |
|
|
102 |
|
|||
| Total costs and operating expenses |
|
74,304 |
|
|
65,140 |
|
|
147,766 |
|
|
130,802 |
|
|||
| Operating income |
|
4,595 |
|
|
12,516 |
|
|
8,998 |
|
|
24,041 |
|
|||
| Other expense, net: | |||||||||||||||
| Interest expense, net |
|
(366 |
) |
|
(512 |
) |
|
(568 |
) |
|
(984 |
) |
|||
| Income before income taxes |
|
4,229 |
|
|
12,004 |
|
|
8,430 |
|
|
23,057 |
|
|||
| Income tax expense |
|
2,568 |
|
|
3,256 |
|
|
3,626 |
|
|
5,578 |
|
|||
| Net income | $ |
1,661 |
|
$ |
8,748 |
|
$ |
4,804 |
|
$ |
17,479 |
|
|||
| Basic net income per common share: | |||||||||||||||
| Income per common share | $ |
0.06 |
|
$ |
0.32 |
|
$ |
0.17 |
|
$ |
0.64 |
|
|||
| Weighted average common shares outstanding |
|
27,602 |
|
|
27,616 |
|
|
27,595 |
|
|
27,519 |
|
|||
| Diluted net income per common share: | |||||||||||||||
| Income per common share | $ |
0.06 |
|
$ |
0.31 |
|
$ |
0.17 |
|
$ |
0.63 |
|
|||
| Weighted average common and common equivalent shares outstanding |
|
28,482 |
|
|
27,943 |
|
|
28,433 |
|
|
27,809 |
|
|||
| The Hackett Group, Inc. | |||||
| CONDENSED CONSOLIDATED BALANCE SHEETS | |||||
| (in thousands) | |||||
| (unaudited) | |||||
June 27, |
|
December 27, |
|||
2025 |
|
2024 |
|||
ASSETS |
|||||
| Current assets: | |||||
| Cash | $ |
10,142 |
$ |
16,366 |
|
| Accounts receivable and contract assets, net |
|
63,403 |
|
57,079 |
|
| Prepaid expenses and other current assets |
|
6,662 |
|
2,901 |
|
| Total current assets |
|
80,207 |
|
76,346 |
|
| Property and equipment, net |
|
21,769 |
|
20,343 |
|
| Other assets |
|
368 |
|
350 |
|
| Intangible assets |
|
4,024 |
|
2,312 |
|
| Goodwill |
|
91,135 |
|
89,782 |
|
| Operating lease right-of-use assets |
|
3,013 |
|
2,744 |
|
| Total assets | $ |
200,516 |
$ |
191,877 |
|
LIABILITIES AND SHAREHOLDERS' EQUITY |
|||||
| Current liabilities: | |||||
| Accounts payable | $ |
4,788 |
$ |
6,503 |
|
| Accrued expenses and other liabilities |
|
26,775 |
|
30,789 |
|
| Contract liabilities |
|
13,773 |
|
11,118 |
|
| Income tax payable |
|
429 |
|
3,753 |
|
| Operating lease liabilities |
|
1,231 |
|
965 |
|
| Total current liabilities |
|
46,996 |
|
53,128 |
|
| Long-term deferred tax liability, net |
|
9,247 |
|
8,464 |
|
| Long-term debt |
|
22,774 |
|
12,734 |
|
| Operating lease liabilities |
|
1,697 |
|
1,977 |
|
| Total liabilities |
|
80,714 |
|
76,303 |
|
| Shareholders' equity |
|
119,802 |
|
115,574 |
|
| Total liabilities and shareholders' equity | $ |
200,516 |
$ |
191,877 |
|
| The Hackett Group, Inc. | |||||||||||
| SEGMENT CONTRIBUTIONS | |||||||||||
| (in thousands) | |||||||||||
| (unaudited) | |||||||||||
Quarter Ended |
|
Six Months Ended |
|||||||||
June 27, |
|
June 28, |
|
June 27, |
|
June 28, |
|||||
2025 |
|
2024 |
|
2025 |
|
2024 |
|||||
| Global S&BT (1): | |||||||||||
| Revenue before reimbursements | $ |
43,611 |
$ |
41,562 |
$ |
86,253 |
$ |
81,815 |
|||
| Cost of sales |
|
22,760 |
|
21,733 |
|
45,086 |
|
45,017 |
|||
| Gross margin |
|
20,851 |
|
19,829 |
|
41,167 |
|
36,798 |
|||
| Selling, general and administrative costs |
|
7,863 |
|
7,079 |
|
15,395 |
|
13,996 |
|||
| Segment contribution |
|
12,988 |
|
12,750 |
|
25,772 |
|
22,802 |
|||
| Oracle Solutions (2): | |||||||||||
| Revenue before reimbursements | $ |
20,494 |
$ |
22,157 |
$ |
40,890 |
$ |
43,226 |
|||
| Cost of sales |
|
13,931 |
|
14,919 |
|
27,626 |
|
28,917 |
|||
| Gross margin |
|
6,563 |
|
7,238 |
|
13,264 |
|
14,309 |
|||
| Selling, general and administrative costs |
|
2,112 |
|
1,870 |
|
4,447 |
|
3,679 |
|||
| Segment contribution |
|
4,451 |
|
5,368 |
|
8,817 |
|
10,630 |
|||
| SAP Solutions (3): | |||||||||||
| Revenue before reimbursements | $ |
13,524 |
$ |
12,177 |
$ |
26,717 |
$ |
26,582 |
|||
| Cost of sales |
|
7,713 |
|
7,093 |
|
14,851 |
|
14,166 |
|||
| Gross margin |
|
5,811 |
|
5,084 |
|
11,866 |
|
12,416 |
|||
| Selling, general and administrative costs |
|
1,919 |
|
1,832 |
|
3,723 |
|
4,281 |
|||
| Segment contribution |
|
3,892 |
|
3,252 |
|
8,143 |
|
8,135 |
|||
| Total Company (4): | |||||||||||
| Total segment contribution |
|
21,331 |
|
21,370 |
|
42,732 |
|
41,567 |
|||
| Items not allocated to segment level (4): | |||||||||||
| Corporate general and administrative expenses |
|
5,248 |
|
5,063 |
|
10,902 |
|
10,092 |
|||
| Non-cash stock based compensation expense |
|
2,814 |
|
2,850 |
|
5,579 |
|
5,449 |
|||
| Stock price award program compensation expense |
|
5,142 |
|
- |
|
10,285 |
|
- |
|||
| Acquisition-related cash compensation expense |
|
308 |
|
- |
|
616 |
|
- |
|||
| Acquisition-related non-cash stock based compensation expense |
|
1,765 |
|
- |
|
3,530 |
|
- |
|||
| Acquisition-related costs |
|
194 |
|
- |
|
387 |
|
- |
|||
| Legal settlement and related costs |
|
- |
|
- |
|
- |
|
102 |
|||
| Depreciation expense |
|
1,034 |
|
941 |
|
2,059 |
|
1,883 |
|||
| Amortization expense |
|
231 |
|
- |
|
376 |
|
- |
|||
| Interest expense, net |
|
366 |
|
512 |
|
568 |
|
984 |
|||
| Income before taxes | $ |
4,229 |
$ |
12,004 |
$ |
8,430 |
$ |
23,057 |
|||
| (1) Global S&BT includes the results of our North America and International Gen AI Consulting, Implementation and Licensing, Benchmarking and Business Transformation offerings, Executive Advisory, Market Intelligence and IP as-a-Service, OneStream and eProcurement. | |||||||||||
| (2) Oracle Solutions includes the results of our EPM/ERP and AI Enablement practices. | |||||||||||
| (3) SAP Solutions includes the results of our SAP applications and related SAP service offerings. | |||||||||||
| (4) Segment contributions consist of the revenue generated by the segment, less the direct costs of revenue and selling, general and administrative expenses that are incurred directly by the segment. Items not allocated to the segment level include corporate costs related to administrative functions that are performed in a centralized manner that are not attributable to a particular segment. Items not allocated to the segment level include corporate general and administrative expenses, non-cash stock based compensation expense, acquisition related cash and non-cash stock based compensation expense, depreciation and amortization expense, legal settlement and related costs, interest expense and foreign currency gains and losses. Corporate general and administrative expenses primarily include costs related to business support functions including accounting and finance, human resources, legal, information technology and office administration. Corporate general and administrative expenses exclude one-time, non-recurring expenses and benefits. | |||||||||||
| The Hackett Group, Inc. | |||||||||||
| RECONCILIATION OF GAAP TO NON-GAAP MEASURES | |||||||||||
| (in thousands, except per share data) | |||||||||||
| (unaudited) | |||||||||||
Quarter Ended |
|
Six Months Ended |
|||||||||
June 27, |
|
June 28, |
|
June 27, |
|
June 28, |
|||||
2025 |
|
2024 |
|
2025 |
|
2024 |
|||||
| GAAP NET INCOME | $ |
1,661 |
$ |
8,748 |
$ |
4,804 |
$ |
17,479 |
|||
| Adjustments (1): | |||||||||||
| Non-cash stock based compensation expense (2) |
|
2,814 |
|
2,850 |
|
5,579 |
|
5,449 |
|||
| Stock price award program compensation expense (2)(3) |
|
5,142 |
|
- |
|
10,285 |
|
- |
|||
| Acquisition-related cash compensation expense (4) |
|
308 |
|
- |
|
616 |
|
- |
|||
| Acquisition-related non-cash stock based compensation expense (4) |
|
1,765 |
|
- |
|
3,530 |
- |
||||
| Acquisition-related costs |
|
194 |
|
- |
|
387 |
|
- |
|||
| Amortization expense |
|
231 |
|
- |
|
376 |
|
- |
|||
| Legal settlement and related costs |
|
- |
|
- |
|
- |
|
102 |
|||
| ADJUSTED NET INCOME BEFORE INCOME TAXES ON ADJUSTMENTS (1) |
|
12,115 |
|
11,598 |
|
25,577 |
|
23,030 |
|||
| Tax effect of adjustments above (5) |
|
1,424 |
|
748 |
|
3,280 |
|
1,455 |
|||
| ADJUSTED NET INCOME (1) | $ |
10,691 |
$ |
10,850 |
$ |
22,297 |
$ |
21,575 |
|||
| GAAP diluted net income per common share | $ |
0.06 |
$ |
0.31 |
$ |
0.17 |
$ |
0.63 |
|||
| Adjusted diluted net income per common share (1) | $ |
0.38 |
$ |
0.39 |
$ |
0.78 |
$ |
0.78 |
|||
| Weighted average common and common equivalent shares outstanding |
|
28,482 |
|
27,943 |
|
28,433 |
|
27,809 |
|||
| (1) The Company provides adjusted earnings results (which excludes non-cash stock based compensation expense, stock price award program compensation expense, acquisition-related cash and non-cash stock based compensation expense, amortization expense, acquisition related costs and legal settlement and related costs and includes a GAAP tax rate) as a complement to results provided in accordance with Generally Accepted Accounting Principles (GAAP). These non-GAAP results are provided to enhance the users' overall understanding of the Company's current financial performance and its prospects for the future. The Company believes the non-GAAP results provide useful information to both management and investors and by excluding certain expenses that it believes are not indicative of its core operating results. The non-GAAP measures are included to provide investors and management with an alternative method for assessing operating results in a manner that is focused on the performance of its ongoing primary operations and to provide a consistent basis for comparison between quarters. Further, these non-GAAP results are one of the primary indicators management uses for planning and forecasting. The presentation of this additional non-GAAP information should be considered in addition to, and not as a substitute for or superior to, any results prepared in accordance with GAAP. | |||||||||||
| (2) Non-cash stock based compensation expense is accounted for under Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation-Stock Compensation. The Company excludes non-cash stock based compensation expense and the related tax effects for the purposes of adjusted net income and adjusted diluted earnings per share. The Company believes that non-GAAP measures of profitability, which exclude non-cash stock based compensation expense, are widely used by investors. | |||||||||||
| (3) The stock price award program compensation expense relates to equity awards that were granted with certain market share price hurdles and service conditions to meet before they are vested. The market price hurdles include twenty consecutive trading days of equal to or greater than $30, $40 and $50 per share price. As of December 27, 2024, the first market condition had been met, and although the shares have not vested they are included in the Company's dilutive shares outstanding for the quarter ended June 27, 2025. As of June 27, 2025, the second and third market conditions had not been met and as such the shares have not vested and are not included in the Company's basic or dilutive shares outstanding. Non-cash compensation of $5.1 million and $10.3 million was recorded in the second quarter and first six months of 2025, respectively. | |||||||||||
| (4) The Company incurs cash and non-cash stock based compensation expense for acquisition related consideration that is recognized over time under GAAP. The Company believes excluding these amounts more consistently presents its ongoing results of operations because they are related to acquisitions and not due to normal operating activities. The acquisition-related non-cash stock based compensation expense is also accounted for under Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation-Stock Compensation. | |||||||||||
| (5) The adjustment for the income tax expense is based on the accounting treatment and income tax rate for the jurisdiction of each item. The impact of all of the non-cash stock based compensation expense was $0.7 million in both the second quarters of 2025 and 2024 and $1.5 million and $1.4 million in first six months of 2025 and 2024, respectively. The impact of acquisition related cash compensation expense was $80 thousand and $155 thousand in the second quarter and first six month period of 2025, respectively. The impact of the acquisition related costs were $51 thousand and $101 thousand in the second quarter and first six month period of 2025, respectively. The impact of the legal settlement and related costs was $27 thousand in the first six months in 2024. The impact of the amortization expense was $60 thousand and $98 thousand in the second quarter and first six months in 2025. | |||||||||||
| The Hackett Group, Inc. | |||||||||||
| SUPPLEMENTAL FINANCIAL DATA | |||||||||||
| (unaudited) | |||||||||||
Quarter Ended |
|||||||||||
June 27, |
|
March 28, |
|
June 28, |
|||||||
2025 |
|
2025 |
|
2024 |
|||||||
| Segment Total Revenue and Revenue Before Reimbursements (in thousands): | |||||||||||
| Global S&BT: | |||||||||||
| Total revenue | $ |
44,205 |
|
$ |
43,357 |
|
$ |
42,262 |
|
||
| Reimbursements |
|
594 |
|
|
715 |
|
|
700 |
|
||
| Revenue before reimbursements | $ |
43,611 |
|
$ |
42,642 |
|
$ |
41,562 |
|
||
| Oracle Solutions: | |||||||||||
| Total revenue | $ |
20,801 |
|
$ |
21,085 |
|
$ |
23,045 |
|
||
| Reimbursements |
|
307 |
|
|
689 |
|
|
888 |
|
||
| Revenue before reimbursements | $ |
20,494 |
|
$ |
20,396 |
|
$ |
22,157 |
|
||
| SAP Solutions: | |||||||||||
| Total revenue | $ |
13,893 |
|
$ |
13,423 |
|
$ |
12,349 |
|
||
| Reimbursements |
|
369 |
|
|
230 |
|
|
172 |
|
||
| Revenue before reimbursements | $ |
13,524 |
|
$ |
13,193 |
|
$ |
12,177 |
|
||
| Total segment revenue: | |||||||||||
| Total revenue | $ |
78,899 |
|
$ |
77,865 |
|
$ |
77,656 |
|
||
| Reimbursements |
|
1,270 |
|
|
1,634 |
|
|
1,760 |
|
||
| Revenue before reimbursements | $ |
77,629 |
|
$ |
76,231 |
|
$ |
75,896 |
|
||
| Revenue Concentration: | |||||||||||
| (% of total revenue) | |||||||||||
| Top customer |
|
7 |
% |
|
9 |
% |
|
13 |
% |
||
| Top 5 customers |
|
19 |
% |
|
22 |
% |
|
25 |
% |
||
| Top 10 customers |
|
27 |
% |
|
29 |
% |
|
33 |
% |
||
| Key Metrics and Other Financial Data: | |||||||||||
| Total Company: | |||||||||||
| Consultant headcount |
|
1,382 |
|
|
1,332 |
|
|
1,145 |
|
||
| Total headcount |
|
1,685 |
|
|
1,618 |
|
|
1,409 |
|
||
| Days sales outstanding (DSO) |
|
73 |
|
|
73 |
|
|
68 |
|
||
| Cash provided by operating activities (in thousands) | $ |
5,649 |
|
$ |
4,195 |
|
$ |
13,719 |
|
||
| Depreciation (in thousands) | $ |
1,034 |
|
$ |
1,025 |
|
$ |
941 |
|
||
| Amortization (in thousands) | $ |
231 |
|
$ |
145 |
|
$ |
- |
|
||
| Capital expenditures (in thousands) | $ |
1,910 |
|
$ |
1,544 |
|
$ |
884 |
|
||
| Remaining Plan authorization: | |||||||||||
| Shares purchased (in thousands) |
|
177 |
|
|
206 |
|
|
- |
|
||
| Cost of shares repurchased (in thousands) | $ |
4,320 |
|
$ |
6,202 |
|
$ |
— |
|
||
| Average price per share of shares purchased | $ |
24.47 |
|
$ |
30.16 |
|
$ |
— |
|
||
| Remaining Plan authorization (in thousands) | $ |
16,996 |
|
$ |
21,315 |
|
$ |
12,883 |
|
||
| Shares Purchased to Satisfy Employee Net Vesting Obligations: | |||||||||||
| Shares purchased (in thousands) |
|
3 |
|
|
173 |
|
|
6 |
|
||
| Cost of shares purchased (in thousands) | $ |
88 |
|
$ |
5,514 |
|
$ |
144 |
|
||
| Average price per share of shares purchased | $ |
25.77 |
|
$ |
31.84 |
|
$ |
22.94 |
|
||
View source version on businesswire.com: https://www.businesswire.com/news/home/20250805607734/en/
Robert A. Ramirez, CFO, 305-375-8005 or [email protected]