The Hackett Group Reports 4% Revenue Increase in 2024, Driven by Semiconductor and Internet Software Growth
I'm PortAI, I can summarize articles.
The Hackett Group Inc. reported a 4% revenue increase for 2024, driven by significant growth in semiconductors (28%) and internet software (14%). EBITDA margin improved to 19%, and operating cash flow rose to 16% of revenue. Capital expenditures increased by 5% as firms invested in AI and supply chain resilience. The cash conversion cycle improved by 4% to 37 days, although days sales outstanding and inventory showed slight declines. $1.7 trillion remains trapped in excess working capital, highlighting the need for optimization in financial practices.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments