Revenue Growth
Total revenues increased 11% to $136.8 million in Q4 2024 and 4% for the full fiscal year to $558.5 million.
Increase in Net Income
Net income for Q4 2024 was $23.6 million, a 13% increase from $20.9 million in the prior year period.
Growth in Chemical Industry Engagement
The chemicals industry showed a resurgence with increased activity in litigation and regulatory engagement, contributing to a growth of 11% in the Environmental and Health segment for Q4.
Improved Utilization Rate
Utilization rate increased to 68% in Q4 2024, up from 65% in the same period of 2023.
Strong Performance in Utility Sector
Increased activity in the utility sector was driven by risk-related work and infrastructure management.