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Tetra Tech, Inc

Zacks Market Commentaries (August 19th, 2008) Writes:
Tetra Tech, Inc. (TTEK) has surprised analysts for the fourth time in the past four quarters. The company also built up a record backlog of business and has recently acquired three firms to support the added business.

Company Description

Tetra Tech, Inc. provides environmental engineering and consulting services to several public and private sector clients. The company is based in Pasadena, California, carries a market cap of $1.7 billion, and employs approximately 8,500 people.

Quarterly Results Well Above Guidance

Tetra Tech, Inc announced third-quarter results on July 30th which surpassed guidance in several key areas. Net Revenue was $332.3 million, up 29.6% year-over-year from $256.3 million.

The largest gains were seen in government and commercial business which had year-over-year increases of 34% and 36%, respectively. Heavier workloads by government agencies and several wind power projects were the source of the additional

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