Exponent (EXPO) Tops Q1 EPS by 5c
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Exponent Reports First Quarter Fiscal Year 2016 Financial Results
April 20, 2016 4:06 PM EDTMENLO PARK, Calif., April 20, 2016 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the first quarter ended April 1, 2016.
In the first quarter of 2016, total revenues and revenues before reimbursements grew by 4% year-over-year. Total revenues increased to $83,156,000 from $80,293,000 in the first quarter one year ago and revenues before reimbursements increased to $78,950,000 from $76,141,000 last year.
In the first quarter of 2016 Exponent early adopted a new accounting standard1 for the classification of tax adjustments associated with share-based awards, which was applied prospectively. The tax benefit realized was $4,461,000, or $0.16 per diluted share in... More
Exponent Declares Regular Quarterly Dividend
April 20, 2016 4:05 PM EDTMENLO PARK, Calif., April 20, 2016 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share of common stock to be paid on June 24, 2016 to all common stockholders of record as of June 10, 2016.
Exponent has paid, and expects to continue to pay, quarterly dividends each year in March, June, September and December. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Exponent's Board of Directors.
We believe that the combination of... More
