Exponent Inc Stock Price, News & Analysis

Exponent, Inc. (Nasdaq:EXPO) announced that CEO Dr. Catherine Corrigan and CFO Richard Schlenker will present at the Truist Securities Technology, Internet & Services Summit on March 9, 2021, from 8:20am to 9:00am PT. A webcast of the event will be available on the investor relations section of Exponent's website, where an archived replay will also be provided afterward. Exponent specializes in engineering and scientific consulting, aiding clients in complex challenges through over 50 years of experience.

Dr. Catherine Ford Corrigan was elected to the National Academy of Engineering on February 9, 2021, a significant honor in the field of engineering. She is recognized for her impactful research in injury mechanics and her leadership roles in biomechanical engineering and scientific consulting at Exponent. Over 25 years, Dr. Corrigan has cultivated talent among engineers, scientists, and regulatory experts, thus enhancing the firm's reputation. Paul R. Johnston, Chairman of Exponent, praised her leadership in maintaining scientific excellence.

Exponent, Inc. (Nasdaq:EXPO) announced an increase in its quarterly cash dividend to $0.20 per share, payable on March 26, 2021, to shareholders of record as of March 12, 2021. This decision, highlighted by CEO Dr. Catherine Corrigan, underscores the company’s business resilience and robust balance sheet, signaling a commitment to generating long-term value for shareholders. Exponent aims to maintain quarterly dividends each March, June, September, and December, subject to Board approval.

Exponent, Inc. (Nasdaq: EXPO) reported Q4 and FY 2020 results, revealing a 6% decrease in total revenues to $103.2 million for the quarter and 4% decrease to $399.9 million for the fiscal year. Despite these declines, net income rose to $21.8 million ($0.41/share) in Q4, up from $19.1 million. EBITDA increased to $28.3 million from $27.7 million. For FY 2021, Exponent expects low-single digit revenue growth before reimbursements. The company maintains a strong cash position of $242.5 million and plans to increase its quarterly dividend from $0.19 to $0.20.

Exponent, Inc. (Nasdaq:EXPO) announced it will report its fourth quarter and fiscal year 2020 financial results on February 4, 2021, after market close. The company will host a conference call at 4:30 p.m. ET to discuss the results, featuring CEO Dr. Catherine Corrigan and CFO Richard Schlenker. Interested parties can access the call by phone or via the company's Investor Relations webpage. A telephonic replay will be available until February 11, 2021.

Exponent, Inc. (Nasdaq:EXPO) will participate in the Baird 2020 Global Industrial Conference, presenting to the investment community. CEO Dr. Catherine Corrigan and CFO Richard Schlenker are scheduled to speak on November 10, 2020, from 1:55 PM to 2:25 PM PT. A live webcast will be available on the Exponent investor relations website, with an archived replay to follow. Exponent is a consulting firm specializing in engineering and scientific solutions, leveraging over 50 years of experience across various technical disciplines.

Exponent, Inc. (Nasdaq:EXPO) has declared a quarterly cash dividend of $0.19 per share, payable on December 18, 2020, to shareholders on record by December 4, 2020. This dividend reflects Exponent's commitment to delivering value to its shareholders and showcases the company’s confidence in its financial stability and long-term business model. The company plans to continue its quarterly dividends in March, June, September, and December. Dr. Catherine Corrigan emphasized the firm’s dedication to long-term shareholder value amidst prevailing market challenges.

Exponent, Inc. (Nasdaq:EXPO) reported a 3% revenue decline to $98.7 million for Q3 2020, with net income dropping to $18.1 million or $0.34 per share. Despite the revenue decline, the company expanded EBITDA margin by 60 basis points. Year-to-date results also reflect a 3% revenue decrease to $296.7 million. Exponent anticipates a further 12% to 15% revenue decline in Q4 2020 due to fewer working days and the ongoing impact of the COVID-19 pandemic. The company remains committed to delivering expert solutions amid evolving client needs.

Exponent, Inc. (Nasdaq:EXPO) has appointed George Brown to its Board of Directors effective October 27, 2020. Brown brings over three decades of experience in complex business litigation and has served major clients, including global corporations. His previous roles include Retired Partner at Gibson Dunn & Crutcher LLP and legal educator at UC Berkeley and UCLA. This strategic move aims to enhance the board's talent pool and prepare for succession, as noted by Dr. Paul Johnston, Chairman.