Jacobs reports strong fiscal first quarter 2025 results
Backlog grows by 18.9% year-over-year with ttm book-to-bill ratio of 1.3x repurchased $202 million of our shares during q1 board authorizes $1.5 billion for company's largest ever share repurchase program increasing dividend to $0.32/share, a 10% increase year-over-year raising fy 2025 adjusted eps guidance range dallas , feb. 4, 2025 /prnewswire/ -- jacobs solutions inc. (nyse: j) today announced its financial results for the fiscal first quarter ended december 27, 2024. q1 2025 highlights1: gross revenue of $2.9 billion grew 4.4% y/y; adjusted net revenue2 up 5.1% y/y infrastructure & advanced facilities gross revenue grew 4.9% y/y; adjusted net revenue2 up 6.0% y/y gaap net loss of $17.1 million, down 113.3% y/y; adjusted ebitda2 of $282 million, up 23.6% y/y recorded $145 million in mark-to-market losses on our investment in amtm, reducing q1 2025 gaap net income eps of ($0.10), down 109.7% y/y; adjusted eps2 of $1.33, down 8.3% y/y (tax benefit of $0.49/share in q1 2024) backlog of $21.8 billion, up 18.9% y/y; q1 book-to-bill 1.0x (1.3x ttm) jacobs' chair and ceo bob pragada commented, "our focus on the transformed portfolio is already having a positive impact on results.
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