Every material Form 8-K Exponent filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Exponent, Inc. disclosed that Eric Guyer, Ph.D., tendered his resignation on October 28, 2024, from his role as Group Vice President, effective November 8, 2024. The filing describes a named executive officer departure and does not state a successor or any financial effect.
Eric Guyer, Ph.D. tendered his resignation on October 28, 2024
Resignation is effective November 8, 2024
Role: Group Vice President of Exponent, Inc.
Filing identifies Guyer as a named executive officer and does not name a replacement
Exponent reported third-quarter 2024 net income of $26.0 million, or $0.50 per diluted share, up from $24.5 million, or $0.48, a year earlier, while revenues before reimbursements were roughly flat at $125.1 million. The company kept its full-year revenue growth outlook and raised its full-year EBITDA margin outlook to 27.9% to 28.1%, and it also declared a $0.28 quarterly dividend payable December 20, 2024.
Q3 2024 net income $26.0 million, or $0.50 per diluted share, vs. $24.5 million, or $0.48, in Q3 2023
Q3 revenues before reimbursements $125.1 million, roughly flat vs. $125.0 million a year earlier
Full-year 2024 guidance: revenues before reimbursements to grow in the low to mid-single digits; EBITDA margin raised to 27.9% to 28.1%
Quarterly dividend of $0.28 per share, payable December 20, 2024, to holders of record as of December 6, 2024
Exponent reported second-quarter 2024 net income of $29.2 million, up 14% from a year earlier, and revenues before reimbursements of $132.4 million, up 2%. The company raised its full-year 2024 revenue and EBITDA margin guidance and declared a $0.28 per share quarterly dividend payable September 20, 2024. Third-quarter revenues before reimbursements are expected to be approximately flat.
Q2 2024 net income rose to $29.2 million, or $0.57 per diluted share, from $25.7 million, or $0.50, in Q2 2023
Revenues before reimbursements rose 2% to $132.4 million; total revenues were approximately flat at $140.5 million
Full-year 2024 guidance raised: revenues before reimbursements to grow in the low to mid-single digits, EBITDA margin of 27.5% to 28.0%
Quarterly dividend of $0.28 per share to be paid September 20, 2024, to holders of record as of September 6, 2024
Exponent agreed to extend its commercial land lease with the State of Arizona for 15 years starting January 17, 2028, under a notice of election received June 19, 2024. Annual rent stays at $1,009,000 until January 16, 2028, then rises to approximately $6,183,000 per year, with consumer price index adjustments in 2033 and 2038. The filing adds a long-term lease obligation that shareholders should weigh against the company's future costs.
Lease extension notice received June 19, 2024; extension term of 15 years begins January 17, 2028
Annual rent is $1,009,000 until January 16, 2028
Annual rent rises to approximately $6,183,000 from January 17, 2028, with consumer price index adjustments in 2033 and 2038
Exponent reported first-quarter 2024 revenues before reimbursements up 6.6% to $137.2 million and diluted earnings per share of $0.59, up from $0.56 a year earlier. The company raised its fiscal 2024 revenue and EBITDA margin guidance and declared a $0.28 quarterly dividend payable June 21, 2024.
Q1 2024 net income was $30.1 million, or $0.59 per diluted share, versus $29.1 million, or $0.56, in Q1 2023.
Fiscal 2024 guidance raised: revenues before reimbursements expected to grow in the low-single digits, and EBITDA expected at 26.25% to 27.0% of revenues before reimbursements.
Q2 2024 outlook: revenues before reimbursements flat to up in the low-single digits, and EBITDA at 27.25% to 28.25%.
Quarterly cash dividend of $0.28 per share, payable June 21, 2024 to holders of record as of June 7, 2024.
Exponent, Inc. appointed Brian Kundert as its Chief Human Resources Officer, effective March 16, 2024, according to a Form 8-K filed March 1, 2024. Mr. Kundert joined the company in July 2023 as Vice President, Human Resources, and previously spent 19 years at Arcadis. The filing describes a routine senior executive appointment that does not include financial results or guidance.
Brian Kundert appointed Chief Human Resources Officer on February 26, 2024, effective March 16, 2024
Mr. Kundert, 49, joined Exponent on July 10, 2023 as Vice President, Human Resources
Previously Global Director of Human Resources for the Resilience division at Arcadis, where he worked for 19 years
Exponent, Inc. said on February 2, 2024 that Chief Human Resources Officer Sally Shepard will retire, effective March 15, 2024. The 8-K describes this as a named executive officer resignation and does not name a successor or give a reason for the departure.
Sally Shepard is retiring as Chief Human Resources Officer.
Retirement is effective March 15, 2024.
Exponent announced the change on February 2, 2024; the 8-K was filed February 7, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Exponent filing is on SEC EDGAR ↗. 8-K briefs of other companies →