Tetra Tech's revenue, net income, and backlog all increased over 29% in Q3. Tetra Tech also won two wind energy projects from PacifiCorp totaling $28M.
Tetra Tech's stock jumped, following the company's announcement on April 29th that it expected third quarter earnings above analysts' expectations. It also announced expected 2008 revenues, net of subcontractor costs, to range between $1.15 billion and $1.19 billion. These numbers, as well, were more optimistic than analysts' expectations of $1.15 billion for FY 2008.