Exponentiation

Exponent Increases Quarterly Dividend Payment from $0.26 to $0.28 per Share for Q1 2024, Increases Stock Repurchase Authorization to $100 Million

Retrieved on: 
Thursday, February 1, 2024

The quarterly cash dividend of $0.28 per share of common stock is to be paid on March 22, 2024 to all common stockholders of record as of March 8, 2024.

Key Points: 
  • The quarterly cash dividend of $0.28 per share of common stock is to be paid on March 22, 2024 to all common stockholders of record as of March 8, 2024.
  • Exponent has paid, and expects to continue to pay, quarterly dividends each year in March, June, September, and December.
  • Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Exponent’s Board of Directors.
  • In 2023, we returned $78.2 million to shareholders through $54.0 million in dividends and $24.2 million in common stock repurchases, while ending the year with $187.2 million in cash and cash equivalents.”

Exponent Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 1, 2024

MENLO PARK, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the fourth quarter and fiscal year 2023 ended December 29, 2023.

Key Points: 
  • MENLO PARK, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the fourth quarter and fiscal year 2023 ended December 29, 2023.
  • EBITDA1 decreased to $30.5 million, or 26.8% of revenues before reimbursements, in the fourth quarter of 2023, as compared to $31.1 million, or 27.6% of revenues before reimbursements in the fourth quarter of 2022.
  • Total revenues increased 4.6% to $536.8 million for fiscal year 2023, as compared to $513.3 million in fiscal year 2022.
  • Exponent’s engineering and other scientific segment represented 84% of the Company’s revenues before reimbursements in the fourth quarter of 2023 and 83% of revenues before reimbursements in fiscal year 2023.

Exponent to Announce Fourth Quarter and Fiscal Year 2023 Results and Host Quarterly Conference Call on February 1, 2024

Retrieved on: 
Thursday, January 11, 2024

MENLO PARK, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO), today announced that it will report Fourth Quarter and fiscal year 2023 financial results for the period ended December 30, 2023 following the close of the market on Thursday, February 1, 2024.

Key Points: 
  • MENLO PARK, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO), today announced that it will report Fourth Quarter and fiscal year 2023 financial results for the period ended December 30, 2023 following the close of the market on Thursday, February 1, 2024.
  • On that day, Dr. Catherine Corrigan, Chief Executive Officer and President, and Richard Schlenker, Executive Vice President and Chief Financial Officer, will host a conference call and webcast at 4:30 p.m.
  • ET (1:30 p.m. PT) to discuss the Company’s business and financial results.

TDK Ventures invests in 15-minute EV charging startup Exponent Energy

Retrieved on: 
Monday, December 18, 2023

India-based Exponent Energy is re-engineering the complete energy stack – the battery pack, charging station, and connector – to unlock affordable and scalable rapid charging technology

Key Points: 
  • India-based Exponent Energy is re-engineering the complete energy stack – the battery pack, charging station, and connector – to unlock affordable and scalable rapid charging technology
    TDK Ventures partners with Exponent to bring to market this game-changing approach to EV batteries and infrastructure, contributing to the shared vision of continued energy transformation around the globe
    SAN JOSE, Calif., Dec. 18, 2023 /PRNewswire/ -- TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures has invested in battery and charging system innovator Exponent Energy and its reimagining of EV battery technology, tailor-made for the Indian last-mile logistics market.
  • Energy transformation shouldn't be restricted to a subset of society; decarbonization is important for everyone, and through its technology, Exponent Energy provides greater access to energy-transformative technologies.
  • That is exactly why TDK Ventures partnered with Exponent Energy: to support both organizations' mutual vision for improving tomorrow through technology.
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .

Alliance for Women in Media Honors Eight Female Leaders at the Gracies Leadership Awards

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK, Nov. 13, 2023 /PRNewswire/ -- The Alliance for Women in Media (AWM) hosted the Gracies Leadership Awards luncheon, on Monday, November 13 at Tribeca 360° in New York City, recognizing the outstanding contributions of eight remarkable female leaders. This year, the event ushered in a new era featuring the Inaugural Gracies Icon Award recipient, Delilah, who's inspiring life and career was highlighted with a captivating fireside chat alongside Erica Farber, President & CEO, Radio Advertising Bureau (RAB).

Key Points: 
  • NEW YORK, Nov. 13, 2023 /PRNewswire/ -- The Alliance for Women in Media (AWM) hosted the Gracies Leadership Awards luncheon, on Monday, November 13 at Tribeca 360° in New York City, recognizing the outstanding contributions of eight remarkable female leaders.
  • The eight honorees represent a diverse array of talents and achievements across various media platforms, ranging from broadcasting to digital media.
  • Their stories serve as an inspiration to aspiring female leaders, including students attending as part of the Google News Initiative Fellowship, encouraging them to break barriers and make a lasting impact.
  • Sponsors of the event include: Audacy, Clear Channel Outdoor, Cumulus Media, ESPN, Exponent, Google News Initiative, Katz Media Group, KPMG, NBC Universal News Group, NCTA-The Internet & Television Association, Warner Bros.

Flavour Specialty Ingredients rebrands to Natara to mark its ambition as a standalone business

Retrieved on: 
Thursday, November 9, 2023

As a newly-independent business, Flavour Specialty Ingredients Ltd. (FSI) is pleased to announce it is rebranding to Natara.

Key Points: 
  • As a newly-independent business, Flavour Specialty Ingredients Ltd. (FSI) is pleased to announce it is rebranding to Natara.
  • Under new ownership and with a refreshed strategy as a standalone business, the new brand identity will better reflect the aspirations for the business.
  • Natara is a $100m global manufacturer of natural and aroma-chemical ingredients with a specialist team of over 350 people around the world.
  • Creating a strong brand identity and developing a new growth strategy demonstrates the momentum we are building as a standalone business.

Exponent Declares Regular Quarterly Dividend

Retrieved on: 
Thursday, October 26, 2023

MENLO PARK, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share of common stock to be paid on December 22, 2023 to all common stockholders of record as of December 8, 2023.

Key Points: 
  • MENLO PARK, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per share of common stock to be paid on December 22, 2023 to all common stockholders of record as of December 8, 2023.
  • Exponent has paid, and expects to continue to pay, quarterly dividends each year in March, June, September, and December.
  • Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Exponent’s Board of Directors.
  • “Exponent’s quarterly cash dividend is a testament to the sustainability of our business model and our commitment to shareholders,” commented Dr. Catherine Corrigan, President and Chief Executive Officer.

Exponent Reports Third Quarter of Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023

MENLO PARK, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the third quarter of fiscal year 2023 ended September 29, 2023.

Key Points: 
  • MENLO PARK, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the third quarter of fiscal year 2023 ended September 29, 2023.
  • “Our third quarter results exemplify the durability of our diversified portfolio, which delivered growth in nearly every industry we serve.
  • Exponent’s consolidated tax rate was 27.9% in the third quarter, as compared to 27.0% for the same period in 2022.
  • Exponent will discuss its financial results in more detail on a conference call today, Thursday, October 26, 2023, starting at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time.

BlueFire Equipment Corp (BLFR) Acquires Screaming Eagle Partners, LLC, a Cashflow Positive Family-Owned Oil & Gas Company in Texas

Retrieved on: 
Thursday, October 19, 2023

During the period ended July 30, 2023, Screaming Eagle generated revenues of $2,065,219, net operating income (EBITDA) of $441,021, and total assets of $7,257,352.

Key Points: 
  • During the period ended July 30, 2023, Screaming Eagle generated revenues of $2,065,219, net operating income (EBITDA) of $441,021, and total assets of $7,257,352.
  • Through an all-stock transaction, the owners merged Screaming Eagle into BLFR in return for the issuance of 45,000,000 shares of Preferred Stock Series A and 810,000 shares of Preferred Stock Series B shares.
  • Furthermore, the appointment of Kirk Yariger as Chairman of the Board and Jonas Crafts as Directors of the Board of BLFR.
  • Engage a branding and marketing firm for the Company’s new direction upon the completion of the stock symbol and name change.

Exponent to Announce Third Quarter of Fiscal Year 2023 Results and Host Quarterly Conference Call on October 26, 2023

Retrieved on: 
Thursday, October 5, 2023

MENLO PARK, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO), today announced that it will report third quarter of fiscal year 2023 financial results for the period ended September 29, 2023 following the close of the market on Thursday, October 26, 2023.

Key Points: 
  • MENLO PARK, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO), today announced that it will report third quarter of fiscal year 2023 financial results for the period ended September 29, 2023 following the close of the market on Thursday, October 26, 2023.
  • On that day, Dr. Catherine Corrigan, Chief Executive Officer and President, and Richard Schlenker, Executive Vice President and Chief Financial Officer, will host a conference call and webcast at 4:30 p.m.
  • ET (1:30 p.m. PT) to discuss the Company’s business and financial results.