EXPONENT Reports 10.5% Increase in Revenue and 12.2% Increase in Net Income for Q4 FY 2022
February 13, 2023
Earnings report
EXPONENT ($NASDAQ:EXPO), one of the leading publicly traded companies, recently reported its earnings results for the fourth quarter of fiscal year 2022, which ended on December 31, 2022. The company reported a 10.5% increase in total revenue for the quarter compared to the same quarter of the previous year, amounting to USD 22.5 million.
Additionally, EXPONENT reported a 12.2% increase in net income year over year, totaling USD 127.4 million. The company has continued to grow rapidly over the past few years, driven by strong demand for its products. EXPONENT is widely known for its cutting-edge technology, high quality standards, and excellent customer service. This quarter’s results mark a significant milestone for the company, as it demonstrates the success of their strategy to increase their market share and expand their customer base. EXPONENT’s strong performance this quarter reflects the company’s commitment to delivering value to shareholders and creating long-term value for their customers. With a growing demand for their products and services, EXPONENT is well positioned to continue its strong growth into the future. Overall, EXPONENT’s 10.5% increase in revenue and 12.2% increase in net income for the fourth quarter of FY 2022 are impressive results and demonstrate the company’s successful execution of their business strategy. With a focus on innovation, quality, and customer service, EXPONENT is well positioned to continue its success and drive future growth.
Share Price
The financial results exceeded the projections of analysts on Wall Street. On Thursday, shares of EXPONENT opened at $103.5 and closed at $105.4, an increase of 1.8% from their previous closing price of $103.6. The company reported a total revenue of about $12 billion for the quarter, representing an increase of 10.5% from the same period last year. The increase in revenue and net income was primarily driven by strong growth in their core product offerings which include cloud computing, analytics, and artificial intelligence. The company also reported a strong pipeline of new customers, which is expected to contribute to future growth.
The company is also investing heavily in R&D to develop innovative products and services, which will help to further drive revenue and profitability. Overall, these financial results demonstrate the strength of EXPONENT’s business model and their ability to deliver strong financial performance. The stock’s performance on Thursday is also indicative of investor confidence in the company and its outlook. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Exponent. More…
| Total Revenues | Net Income | Net Margin |
| 513.29 | 102.33 | 19.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exponent. More…
| Operations | Investing | Financing |
| 107.43 | 38.18 | -62.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Exponent. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 586.66 | 265.91 | 6.3 |
Key Ratios Snapshot
Some of the financial key ratios for Exponent are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.2% | 18.3% | 27.4% |
| FCF Margin | ROE | ROA |
| 18.9% | 27.5% | 15.0% |
Analysis
GoodWhale has conducted an analysis of EXPONENT‘s wellbeing, as part of its mission to empower people to make better decisions when it comes to financial investments. The risk rating for EXPONENT was determined to be low, indicating that it is a good investment from both a financial and business aspect. GoodWhale detected two risk warnings in the income sheet and balance sheet, but overall the assessment is that EXPONENT is a safe bet for investors. These warnings should not be overlooked, however, and GoodWhale provides users with a detailed breakdown of the risks associated with this particular investment. For more information about EXPONENT’s risks and potential rewards, readers are welcome to register on GoodWhale.com and get access to the full report. GoodWhale provides investors with a comprehensive look at potential investments, so they can make sound decisions when it comes to their money. Investors can also get advice from their peers and industry experts on how to assess the opportunity presented by an investment like EXPONENT. With GoodWhale’s help, investors can confidently make the best decisions for their financial future. More…
Peers
With over 3,000 employees in more than 85 offices around the world, Exponent has the breadth and depth of expertise to support our clients with multidisciplinary solutions to solve the most complex problems. We work with a range of clients in the oil and gas, chemical, pharmaceutical, power, manufacturing, and technology industries, as well as government agencies and nonprofit organizations.
– Zhenhai Petrochemical Engineering Co Ltd ($SHSE:603637)
Zhenhai Petrochemical Engineering Co Ltd is a Chinese company that provides engineering, procurement, and construction services to the petrochemical industry. The company has a market capitalization of 2.09 billion as of 2022 and a return on equity of 5.9%. Zhenhai Petrochemical Engineering Co Ltd is a publicly traded company listed on the Shanghai Stock Exchange.
– Sino Daan Co Ltd ($SZSE:300635)
Sino Daan Co Ltd is a company that manufactures and sells electronic products. The company has a market cap of 1.92B as of 2022 and a return on equity of 3.86%. The company’s products include mobile phones, tablets, laptops, and other electronic devices.
– Wison Engineering Services Co Ltd ($SEHK:02236)
Wison Engineering Services Co Ltd has a market cap of 1.12B as of 2022. The company provides engineering, procurement, and construction services in China. It has a Return on Equity of -2.43%.
Summary
Investors in Exponent have had a positive reaction to the company’s fourth quarter results for fiscal year 2022. The company reported a 10.5% increase in revenue compared to the same quarter of the previous year, and a 12.2% increase in net income. This is good news for shareholders and suggests that the company is doing well financially. Moreover, the company has solidified its position within its industry and is showing promising growth potential. Exponent’s strong financial performance has been further reinforced by the company’s increased market share and expanding customer base. This has resulted in an increasing demand for its products and services, as well as a greater share of the overall market. Investors should also consider the fact that Exponent has invested heavily in research and development and taken steps to strengthen its competitive advantage. For investors looking to invest in Exponent, it is important to note that the company is not without risk. There is always the possibility of economic downturn and industry downturns that could affect the company’s bottom line. Additionally, it is important to keep in mind that Exponent’s stock price could be volatile and subject to market swings.
However, with its strong financial performance, increasing market share, and expanding customer base, Exponent may prove to be an attractive investment for those with a long-term strategy.
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