Exponent, Inc.: An Insight Into Consumer Electronics, Digital Health Expansion, Energy Sector & Infrastructure Involvements! 

Exponent, Inc. reported its fourth quarter and fiscal year 2024 results, highlighting a commendable performance despite a 53-week fiscal year, which occurs only every five to six years. The company’s total revenues for the fourth quarter increased by 11% to $136.8 million, while the net revenues rose by 9% to $123.8 million. Annually, Exponent achieved a revenue growth of 4%, marking $558.5 million in total revenues and $518.5 million in net revenues. From a segmental perspective, the Engineering and Other Scientific Segment, which constitutes 83% of Exponent’s revenues, saw an 8% increase in revenues for the fourth quarter and a 5% growth for the full year, predominantly driven by demand in consumer products and utilities. Meanwhile, the Environmental & Health Segment grew 11% in the fourth quarter but remained flat over the year.