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The Hackett Group Q1 non-GAAP EPS Rises; Increases Share Buyback Authorization

05/11/2021 12:46

04:39 PM EDT, 05/11/2021 (MT Newswires) -- The Hackett Group (HCKT) reported non-GAAP EPS of $0.27 in the first quarter, up from $0.24 in the same quarter last year, and two cents above the consensus estimate compiled by Capital IQ of $0.25.

On a GAAP basis, the company earned $0.19 per share. This was up from $0.17 in the prior year's quarter, but a penny below the consensus estimate.

Total revenue declined to $63.5 million from $69.5 million a year ago, but beat estimates of $61.9 million.

Additionally, the company's board approved a $20 million increase in the share repurchase program and declared an unchanged quarterly dividend of $0.10 per share to be paid on July 9 to shareholders of record as of June 25.

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