Jacobs Solutions Inc. (NYSE: J), a leading provider of technical professional services, Tuesday reported an increase in revenues and adjusted profit for the fourth quarter of 2024.
Q4 revenue increased 4% year-over-year to $.3.0 billion; adjusted net revenue rose 4.3% in constant currencyNet income attributable to the company was $325.4 million or $2.51 per share, compared to $149.4 million or $1.24 per share last yearAdjusted earnings per share was $1.37 in the September quarter, up 28% year-over-yearAdjusted EBITDA grew 12.5% annually to $289 million during the three monthsIn Q4, the company recorded $187 million in mark-to-market gains on its investment in Amentum HoldingsBacklog totaled $21.8 billion at the end of the quarter, up 22.5% YoYFor fiscal 2025, the company expects adjusted net revenue to grow mid-to-high single digits annuallyFull-year adjusted EBITDA margin is expected to range from 13.8% to 14.0%; adjusted EPS is expected to range from $5.80 to $6.20
The post Earnings Summary: Jacobs Solutions (J) reports Q4 2024 financial results first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
