NASDAQ$HCKT
The Hackett Group Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Announced second quarter 2023 results, showing revenue above guidance and adjusted EPS at the high end of guidance.
The Hackett Group reported solid operating results for Q2 2023, with total revenue of $77.1 million and adjusted diluted earnings per share of $0.39. The company saw 8% sequential revenue growth and increased investment in program development and sales resources.
- Total revenue was $77.1 million, exceeding the high end of guidance.
- Revenue before reimbursements was $75.6 million.
- GAAP diluted earnings per share was $0.32, consistent with the previous year.
- Adjusted diluted earnings per share was $0.39, compared to $0.38 in the prior year.
Headline financials
Revenue & EPS history
Hackett · Revenue · Quarterly
$77.1M
Forward guidance
The Company estimates total revenue before reimbursements for the third quarter of 2023 will be in the range of $72.8 million to $74.3 million. The Company estimates adjusted diluted earnings per share for the third quarter of 2023 to be in the range of $0.38 and $0.41, assuming a GAAP effective tax rate of 27.5%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.1%
Avg return
Earnings day
-0.3%
Avg return
5 days after
-0.8%
Avg return
30 days after
50%
32 / 64 earnings
Positive
+18.6%
Q3 2014
Best reaction
-29.0%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -29.0% | -25.3% | -21.5% | |
| Q4 2025 | +10.0% | -6.1% | -4.7% | |
| Q3 2025 | +7.1% | +4.4% | +10.0% | |
| Q1 2025 | -8.0% | -1.6% | -3.9% | |
| Q4 2024 | -2.7% | -4.5% | -9.8% | |
| Q3 2024 | +18.2% | +28.2% | +32.5% | |
| Q2 2024 | +2.1% | +0.9% | +1.8% | |
| Q1 2024 | -3.4% | -1.9% | -0.6% | |
| Q4 2023 | +7.2% | +4.5% | +4.5% | |
| Q3 2023 | -7.9% | -7.1% | -3.6% | |
| Q2 2023 | +0.9% | +2.5% | +3.4% | |
| Q1 2023 | -0.9% | +0.6% | +11.0% | |
| Q4 2022 | -14.5% | -14.1% | -19.8% | |
| Q3 2022 | +3.1% | +5.0% | +8.8% | |
| Q2 2022 | +2.1% | +3.2% | -8.8% | |
| Q1 2022 | -10.1% | -10.9% | -16.1% | |
| Q4 2021 | +5.3% | +7.3% | +16.2% | |
| Q3 2021 | +1.4% | +1.6% | -3.7% | |
| Q2 2021 | +2.5% | +5.8% | +16.2% | |
| Q1 2021 | +1.8% | +2.8% | +5.1% | |
| Q4 2020 | +11.3% | +5.8% | +9.7% | |
| Q3 2020 | +12.8% | +12.2% | +12.2% | |
| Q2 2020 | -2.0% | -1.0% | -10.4% | |
| Q1 2020 | -14.9% | -6.3% | -4.0% | |
| Q4 2019 | +15.0% | +9.5% | -31.6% | |
| Q3 2019 | -12.7% | -12.5% | -13.0% | |
| Q2 2019 | +2.8% | +1.9% | +2.8% | |
| Q1 2019 | +4.8% | +2.7% | +2.5% | |
| Q4 2018 | -13.2% | -14.4% | -15.2% | |
| Q3 2018 | -11.1% | -16.1% | -23.7% | |
| Q2 2018 | +6.0% | +4.4% | +8.2% | |
| Q1 2018 | -4.4% | -2.8% | -0.6% | |
| Q4 2017 | +12.9% | +12.6% | +4.7% | |
| Q3 2017 | -0.5% | +2.3% | +6.6% | |
| Q2 2017 | -12.8% | -15.9% | -13.5% | |
| Q1 2017 | -21.0% | -22.7% | -24.4% | |
| Q4 2016 | +18.3% | +20.3% | +14.1% | |
| Q3 2016 | -4.5% | +4.2% | +11.9% | |
| Q2 2016 | +14.0% | +10.3% | +15.6% | |
| Q1 2016 | -11.1% | — | — | |
| Q4 2015 | -2.7% | — | — | |
| Q3 2015 | +15.8% | — | — | |
| Q2 2015 | +14.7% | — | — | |
| Q1 2015 | +15.6% | — | — | |
| Q4 2014 | +14.6% | — | — | |
| Q3 2014 | +18.6% | — | — | |
| Q2 2014 | +1.4% | — | — | |
| Q1 2014 | +1.9% | — | — | |
| Q4 2013 | -0.2% | — | — | |
| Q3 2013 | -10.0% | — | — | |
| Q2 2013 | +14.2% | — | — | |
| Q1 2013 | +0.8% | — | — | |
| Q4 2012 | -7.3% | — | — | |
| Q3 2012 | +5.1% | — | — | |
| Q2 2012 | -19.1% | — | — | |
| Q1 2011 | -9.2% | — | — | |
| Q1 2012 | +12.8% | — | — | |
| Q1 2010 | -2.4% | — | — | |
| Q4 2011 | -2.4% | — | — | |
| Q3 2011 | -3.1% | — | — | |
| Q3 2010 | -3.1% | — | — | |
| Q2 2011 | -8.2% | — | — | |
| Q2 2010 | -8.2% | — | — | |
| Q4 2010 | -8.2% | — | — |
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