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Tetra Tech reports 12% revenue increase

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08-Feb-12  Nasdaq-listed consultancy Tetra Tech has reported an 11.7% rise in revenue to $682.6 million for the first quarter (Q1) of 2012, which ended on 31 December 2001. Net revenue jumped by almost double the rate of gross revenue, by 21% to $492 million, and EBITDA rose 7.9% to $51.1 million. Tetra Tech chief executive, Dan Batrack, commented on the results, specifying the proportion of Q1 growth that was organic: “Tetra Tech started the fiscal...

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