Key Developments For Exponent Inc
Exponent Inc (EXPO.O) (Nasdaq)
Exponent, Inc. Reaffirms FY 2009 Revenue Guidance
Exponent, Inc. announced that it still expects revenues before reimbursements for fiscal 2009, to be approximately flat with last year. The Company reported revenue of $206.19 million for fiscal 2008.
Exponent, Inc. Issues FY 2009 Revenue Guidance Below Analysts' Estimates
Exponent, Inc. announced that for fiscal 2009, it expects revenues before reimbursements to be approximately flat with fiscal 2008. The Company reported revenue of $205.65 million in fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report revenue of $217.68 million for the same period.
Exponent, Inc. Announces Executive Transition
Exponent, Inc. announced that its Board of Directors has appointed Dr. Paul R. Johnston as its Chief Executive Officer and President, and Michael R. Gaulke as its Executive Chairman at its Board meeting on May 28, 2009.
Exponent, Inc. Replenishes Stock Repurchase Program To $35 Million
Exponent, Inc. announced that its Board of Directors has authorized an additional $25.1 million for the repurchase of Exponent's common stock. This brings the total amount currently available for repurchase to $35 million.
Exponent, Inc. Announces Management Changes
Exponent, Inc. announced that its Board of Directors intends to appoint Dr. Paul R. Johnston, currently Exponent's President and Chief Operating Officer, as its Chief Executive Officer and President at its Board meeting following the annual shareholder meeting on May 28, 2009. Michael R. Gaulke, will become Executive Chairman at that time and will continue in this role for 12 months.
