The Hackett ( (HCKT) ) has released its Q1 earnings. Here is a breakdown of the information The Hackett presented to its investors.
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The Hackett Group, Inc. is a leading consultancy and executive advisory firm specializing in generative artificial intelligence (Gen AI) solutions, helping organizations achieve digital world-class performance through innovative platforms like AI XPLR and ZBrain.
In its first-quarter 2025 earnings report, The Hackett Group announced revenue and adjusted earnings per share near the high end of its guidance, despite significant investments in Gen AI platforms. The company also launched AI XPLR version 3, enhancing its ability to provide industry-specific Gen AI solutions and workflows.
The Hackett Group reported total revenue of $77.9 million for the first quarter of 2025, slightly up from $77.2 million in the previous year. Adjusted diluted earnings per share increased to $0.41 from $0.39, while GAAP diluted earnings per share fell to $0.11 due to non-cash compensation expenses and acquisition-related costs. Cash flow from operations improved to $4.2 million, and the company repurchased shares worth $11.7 million.
Looking ahead, The Hackett Group estimates second-quarter 2025 revenue before reimbursements to range between $76.0 million and $77.5 million, with adjusted diluted earnings per share expected between $0.37 and $0.39. The company remains optimistic about its growth prospects, driven by ongoing Gen AI innovations and strategic partnerships.