EXPONENT Reports Q2 FY2023 Earnings Results on July 27
August 10, 2023
🌥️Earnings Overview
On July 27 2023, EXPONENT ($NASDAQ:EXPO) revealed its earnings results for the second quarter of FY2023, which concluded on June 30 2023. The company reported total revenue of USD 140.2 million, a 7.6% increase compared to the same period in the previous year. Net income remained unchanged at USD 25.8 million.
Share Price
The stock opened at $95.4 and closed at $93.7, down by 1.5% from the previous closing price of 95.1. The report offered an overview of the company’s performance, including total revenues, expenses, net income, and other metrics. The report also included insights about the company’s strategy, investments, and growth opportunities. Analysts have been eager to see howEXPONENT‘s relatively new business model will impacts its financials in the long-term. In addition to the financial results, EXPONENT also provided updates on its operations.
It discussed the progress of its expansion plans, research and development activities, and its plans for future growth. Investors were pleased to hear that the company is continuing to invest in new initiatives and exploring new opportunities for growth. The earnings report was well-received and investors were encouraged by the performance of EXPONENT in Q2 FY2023. Overall, investors are optimistic about what the future holds for EXPONENT and are looking forward to seeing continued success in the coming quarters. 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 |
| 535.06 | 101.84 | 20.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exponent. More…
| Operations | Investing | Financing |
| 93.46 | -12.04 | -215.98 |
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 |
| 604.28 | 247.21 | 7.02 |
Key Ratios Snapshot
Some of the financial key ratios for Exponent are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.3% | 9.5% | 22.0% |
| FCF Margin | ROE | ROA |
| 14.6% | 21.1% | 12.2% |
Analysis
GoodWhale has conducted an extensive analysis of EXPONENT‘s fundamentals and our Star Chart shows that it is classified as ‘rhino’. This type of company has achieved moderate revenue or earnings growth, making it an attractive option for investors. EXPONENT is particularly strong in dividend and profitability, and medium in asset and growth. Moreover, our assessment shows that EXPONENT has a high health score of 10/10 with regard to its cashflows and debt, giving us confidence that it is able to safely ride out any financial crisis without the risk of bankruptcy. 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 who are interested in Exponent should be pleased with their second quarter earnings for FY2023. Revenue increased by 7.6%, to USD 140.2 million, and net income stayed the same year-over-year at USD 25.8 million. With this increase in revenue, it is expected that Exponent will be able to remain profitable in the upcoming quarters and years.
Investors should take a closer look at Exponent and see if its growth rate and profitability are in line with their investing goals. Exponent may be a good choice for those looking for steady growth and reliable returns.
Related Posts
Recent Posts
