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Modernizing drinking water infrastructure for treatment of long-lasting synthetic chemicals DALLAS , Feb. 6, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the City of Boynton Beach in South Florida to evaluate and design upgrades at two water treatment plants to remove per- and polyfluoroalkyl substances (PFAS) from the city's groundwater supplies to comply with new U.S. federal drinking water regulations. At a combined treatment capacity of 30 million gallons per day, the two plants provide drinking water to more than 112,000 people.

Jacobs Solutions Inc. (NYSE:J ) Q1 2025 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Bert Subin - Senior Vice President, Investor Relations Bob Pragada - Chief Executive Officer Venk Nathamuni - Chief Financial Officer Conference Call Participants Sabahat Khan - RBC Capital Markets Andy Kaplowitz - Citigroup Andrew Wittmann - Baird Sangita Jain - KeyBanc Michael Dudas - Vertical Research Judah Aronovitz - UBS Adam Bubes - Goldman Sachs Kevin Wilson - Truist Securities Operator Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today.

The headline numbers for Jacobs Solutions (J) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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

Largest repurchase program in company's history DALLAS , Feb. 4, 2025 /PRNewswire/ -- The Jacobs' (NYSE: J) Board of Directors has approved a new incremental share repurchase authorization (the "2025 Share Repurchase Program"). The 2025 Share Repurchase Program authorizes the purchase of up to $1.5 billion of Jacobs' common stock over a three-year period.

DALLAS , Jan. 30, 2025 /PRNewswire/ -- The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.32 per share of Jacobs common stock, an increase of 10% from its previous quarterly dividend of $0.29. This dividend will be paid on March 21, 2025, to shareholders of record as of the close of business on Feb. 21, 2025.

Ten-year contract will continue to improve water service in Mississippi's state capitol DALLAS , Jan. 30, 2025 /PRNewswire/ -- Jacobs (NYSE:J) was selected to operate and maintain the water treatment system in Jackson, Mississippi, by JXN Water, the entity responsible for ensuring reliable water service for citizens in the state's largest city. This contract follows a short-term operations and maintenance (O&M) agreement that provided nearly 180,000 residents in and around Jackson with more reliable drinking water.

Multi-year contract continues environmental compliance program to Navy and Marine Corps operations in the U.S., Europe, Africa and the Middle East. DALLAS , Jan. 28, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the Naval Facilities Engineering Systems Command (NAVFAC) Atlantic, for a single-award, indefinite delivery, indefinite quantity contract to provide multimedia environmental compliance engineering support to the U.S. Navy and other U.S. Department of Defense installations globally, but primarily in the eastern half of the U.S., Europe, Africa and the Middle East.

Architecture, engineering and facilities design supports more resilient installations for U.S. Department of Defense DALLAS , Jan. 23, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by the Japan District of the U.S. Army Corps of Engineers (USACE) to deliver architecture and engineering services through a multiple award task order contract to support the U.S. Department of Defense (DoD). Under this contract, Jacobs will provide a range of services for the U.S. Military construction, sustainment, restoration and modernization, and host nation construction programs.

DALLAS , Jan. 14, 2025 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal first quarter 2025 earnings results before market open on Tuesday, Feb. 4, 2025, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends.