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Tetra Tech, Inc. - TTEK STOCK NEWS

Welcome to our dedicated news page for Tetra Tech (Ticker: TTEK), a resource for investors and traders seeking the latest updates and insights on Tetra Tech.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tetra Tech's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tetra Tech's position in the market.

Rhea-AI Summary
Tetra Tech, Inc. (TTEK) has scheduled the release of its second quarter 2024 results on May 1, 2024, with a conference call planned for May 2, 2024. Investors can access a live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) receives the Environmental Business Journal (EBJ) Project Merit Award for their work with the City of Dayton, Ohio, on addressing regulations for PFAS in the water supply. The project, part of a $400 million master plan, includes building the largest PFAS treatment facility in the US. Tetra Tech is designing over $200 million in improvements funded by the bipartisan infrastructure law. The company also won awards for climate change innovation, resilience, business achievement, and diversity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
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Rhea-AI Summary
Tetra Tech, Inc. (TTEK) to host Investor Day at Nasdaq's Global Headquarters, focusing on revenue growth and margin expansion through a unique water cycle management approach and technology advancements.
Rhea-AI Impact
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0.04%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) secures a $375 million contract from NASA for environmental restoration and compliance services, utilizing advanced technologies and sustainable design elements. The five-year deal aims to assess and restore contaminated sites, enhance climate resiliency, and provide technical support using Tetra Tech Delta solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) acquires LS Technologies, a U.S. federal enterprise technology services firm, enhancing its Federal IT Division. The acquisition brings new capabilities, resources, and clients, allowing Tetra Tech to offer advanced solutions in data analytics, cybersecurity, and digital transformation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.7%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) reported strong first-quarter results, with revenue up 37% to $1.23 billion and net revenue up 38% to $1.02 billion. EBITDA increased 32% to $131 million, and backlog reached $4.74 billion, up 24% year-over-year. The company raised guidance for increased EPS growth of 20% for fiscal 2024. Tetra Tech announced multiple high-value contracts, including a $5 billion water framework contract for the Republic of Ireland and an $800 million U.S. Army Corps of Engineers PFAS remediation contract. The company also reported a record first quarter EPS of $1.40 and a strong cash flow of $353 million over the trailing twelve months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.85%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) has been selected by United Utilities for a £100 million single-award framework to improve river health in the North West of England. The 10-year framework will involve Tetra Tech engineers and scientists driving program optimization and developing solutions based on best value, lowest carbon, and cost. Tetra Tech's Chairman and CEO, Dan Batrack, expressed excitement in continuing to provide high-end modeling, technical, and operational services to United Utilities.
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End-of-Day
0.47%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) announces planned dates for first quarter 2024 results and conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) has been awarded a $34 million contract by the U.S. Agency for International Development (USAID) to advance sustainable economic development through improved land rights governance. The company will work on the global USAID Integrated Land and Resource Governance II project to develop and implement land and property rights policies that protect ecosystems, catalyze private sector investments, and benefit vulnerable populations, particularly securing women’s rights. Tetra Tech's technical specialists will conduct data-driven research, implement conflict mitigation tools, and deploy innovative technology to document land rights in rural and remote areas. The company will also facilitate strategic partnerships to institute anticorruption reforms and develop effective systems and policies that advance equitable and resilient communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
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Rhea-AI Summary
Tetra Tech, Inc. (NASDAQ: TTEK) has been awarded a $24 million contract by USAID to preserve biodiversity, conserve natural resources, and enhance community livelihoods in Cambodia. Tetra Tech's climate experts will support Cambodian partners to protect critical ecosystems using a community-led natural resource management approach. They will combat illegal logging and wildlife poaching, implement innovative programs for economic growth, and develop long-term sustainable solutions such as blue carbon credit programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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Tetra Tech, Inc.

Nasdaq:TTEK

TTEK Rankings

TTEK Stock Data

10.27B
52.92M
0.47%
94.63%
1.59%
Engineering Services
Professional, Scientific, and Technical Services
Link
US
Pasadena

About TTEK

tetra tech is a leading provider of consulting, engineering, and technical services worldwide. we are a diverse company, including individuals with expertise in science, research, engineering, construction, and information technology. our strength is in collectively providing integrated services—delivering the best solutions to meet our clients’ needs. employees: 13,000 revenue: $2.3 billion (fy 2015) nasdaq symbol: ttek geographic reach: more than 300 offices worldwide