Stock Track | Hackett Group Soars 5.95% on Strong Q4 Earnings, Bright GenAI Growth Prospects

Stock Track

Feb 19, 2025

Hackett Group's stock surged 5.95% in intraday trading on Wednesday, propelled by the company's impressive fourth-quarter 2024 earnings results and its promising expansion into the generative artificial intelligence (GenAI) space.

The consulting firm reported total revenue of $79.2 million for the quarter, surpassing analysts' expectations. Adjusted earnings per share (EPS) came in at $0.47, exceeding the company's guidance. The strong performance was driven by robust growth in the SAP solutions and GenAI segments.

Hackett Group's strategic acquisition of LeewayHertz, a GenAI solutions provider, boosted its capabilities in this rapidly evolving field. The company's AI XPLR platform and DeepSeek innovations position it as a frontrunner in offering end-to-end GenAI solutions to clients.

While the Oracle solutions segment experienced a 6% revenue decline due to project wind-downs, the company's overall momentum remains solid. Hackett Group also announced a 9% increase in its annual dividend, reflecting confidence in future cash flow generation.

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Adjusted earnings per share (EPS) came in at $0.47, exceeding the company's guidance. The strong performance was driven by robust growth in the SAP solutions and GenAI segments.</p>\n\n<p>Hackett Group's strategic acquisition of LeewayHertz, a GenAI solutions provider, boosted its capabilities in this rapidly evolving field. The company's AI XPLR platform and DeepSeek innovations position it as a frontrunner in offering end-to-end GenAI solutions to clients.</p>\n\n<p>While the Oracle solutions segment experienced a 6% revenue decline due to project wind-downs, the company's overall momentum remains solid. Hackett Group also announced a 9% increase in its annual dividend, reflecting confidence in future cash flow generation.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HCKT","symbol_name":"哈克特服务","start_time":0,"source_url":"","article_id":"1118946093","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118946093","pubTimestamp":1739975936,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Hackett Group's stock surged 5.95% in intraday trading on Wednesday, propelled by the company's impressive fourth-quarter 2024 earnings results and its promising expansion into the generative artificial intelligence  space.The consulting firm reported total revenue of $79.2 million for the quarter, surpassing analysts' expectations. 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