Exponent Files 8-K on Financial Results & Reg FD Disclosure
Ticker: EXPO · Form: 8-K · Filed: Feb 1, 2024 · CIK: 851520
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, regulation-fd
TL;DR
**Exponent just dropped an 8-K, likely signaling earnings are out or imminent; get ready for financial details!**
AI Summary
Exponent, Inc. filed an 8-K on February 1, 2024, to report on its 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure.' This filing indicates that the company is likely releasing or has just released its financial results, which are crucial for investors to understand the company's recent performance. For shareholders or potential buyers, this matters because the financial results will directly impact the stock's valuation and future outlook, providing insight into profitability, revenue growth, and overall financial health.
Why It Matters
This filing signals the release of Exponent's financial results, which are critical for investors to assess the company's performance and make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently present new risks, but rather provides information to assess existing business risks.
Analyst Insight
A smart investor would closely monitor Exponent's upcoming financial results and accompanying disclosures to understand the company's performance and future outlook before making any investment decisions.
Key Numbers
- $0.001 — par value per share (par value of Exponent's Common Stock)
Key Players & Entities
- Exponent, Inc. (company) — the registrant filing the 8-K
- February 1, 2024 (date) — date of earliest event reported and filing date
- Nasdaq Global Select Market (company) — exchange where Exponent's Common Stock is registered
- $0.001 (dollar_amount) — par value per share of Common Stock
Forward-Looking Statements
- Exponent, Inc. will publicly release its detailed financial statements for the period covered by the 'Results of Operations and Financial Condition' item within a few days. (Exponent, Inc.) — high confidence, target: 2024-02-08
- The stock price of EXPO will react to the disclosed financial results, potentially experiencing volatility. (EXPO) — medium confidence, target: 2024-02-05
FAQ
What is the primary purpose of Exponent, Inc.'s 8-K filing dated February 1, 2024?
The primary purpose of Exponent, Inc.'s 8-K filing dated February 1, 2024, is to report on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure,' indicating the release of financial results.
On which stock exchange is Exponent, Inc.'s Common Stock registered?
Exponent, Inc.'s Common Stock, with a par value of $0.001 per share, is registered on the Nasdaq Global Select Market.
What is the ticker symbol for Exponent, Inc. on its registered exchange?
The trading symbol for Exponent, Inc.'s Common Stock is EXPO.
What is the state of incorporation for Exponent, Inc.?
Exponent, Inc. is incorporated in Delaware.
What is the business address and phone number of Exponent, Inc. as listed in the filing?
The business address for Exponent, Inc. is 149 Commonwealth Drive, Menlo Park, California 94025, and its business phone number is (650) 326-9400.
Filing Stats: 522 words · 2 min read · ~2 pages · Grade level 9.4 · Accepted 2024-02-01 16:05:35
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share EXPO Nasdaq Global Select Mar
- $0.28 — s declared a quarterly cash dividend of $0.28 per share to be paid on March 22, 2024
- $61.6 million — Directors also authorized an additional $61.6 million for share repurchases bringing its tota
- $100 million — ses bringing its total authorization to $100 million. A copy of the press release announcing
Filing Documents
- f8k_020124.htm (8-K) — 14KB
- exh_991.htm (EX-99.1) — 105KB
- exh_992.htm (EX-99.2) — 5KB
- 0001171843-24-000521.txt ( ) — 334KB
- gnw-20190101.xsd (EX-101.SCH) — 3KB
- gnw-20190101_def.xml (EX-101.DEF) — 25KB
- gnw-20190101_lab.xml (EX-101.LAB) — 33KB
- gnw-20190101_pre.xml (EX-101.PRE) — 22KB
- f8k_020124_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On February 1, 2024, Exponent, Inc. issued a press release announcing its financial results for the fourth quarter ended December 29, 2023. The press release is attached hereto as Exhibit 99.1 and incorporated by reference.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 1, 2024, Exponent, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per share to be paid on March 22, 2024 to all common stockholders of record as of March 8, 2024. The Board of Directors also authorized an additional $61.6 million for share repurchases bringing its total authorization to $100 million. A copy of the press release announcing the dividend and additional share repurchase authorization is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. 99.1 Press release dated February 1, 2024. 99.2 Press release dated February 1, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Exponent, Inc. Date: February 1, 2024 By: /s/ Richard L. Schlenker Richard L. Schlenker Executive Vice President, Chief Financial Officer, and Corporate Secretary