Hackett Group Q2 adjusted revenue misses estimates on business model transition
HCKT•Outlook
- Hackett Group sees Q3 2026 revenue before reimbursements between $68 mln and $70 mln
- Company expects Q3 2026 adjusted diluted EPS between $0.37 and $0.39
- Hackett Group anticipates sequential revenue growth and year-over-year adjusted EPS growth in Q3
Segment performance: Global S&BT and Oracle Solutions revenue declined yr/yr, while SAP Solutions grew.
Overview
- U.S. AI consulting firm's Q2 adjusted revenue missed analyst expectations, adjusted EPS met consensus
- Total revenue declined yr/yr as company transitions business model
- Company repurchased $4 mln of stock, amended credit facility post-quarter
Company said Q2 reflected ongoing transition of its business model.
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | $69.30 mln | ||
| Q2 Adjusted Revenue | Miss | $68.30 mln | $69.51 mln (3 Analysts) |
| Q2 Adjusted EPS | Meet | $0.34 | $0.34 (3 Analysts) |
| Q2 EPS | $0.18 |
