Key Takeaways STN stock is up 39% YTD, far outperforming peers on strong global infrastructure demand. Q1 revenues grew 13.3% Y/Y, with EBITDA margin rising to 16.2% on high-margin projects and cost control. Analysts raised 2025-2026 earnings estimates, but STN's 26.74X forward P/E raises valuation concerns.Stantec Inc. (STN) has delivered an impressive 39% year-to-date gain, sharply outperforming the industry’s 6% decline. In contrast, U.S. peers have seen mixed results: Tetra Tech (TTEK) is down 9%, whi ...

$14.3 million received July 2Additional $23.2 million expected to close in third quarter of 2025Total funding scalable to $75 million AUSTIN, Texas, July 07, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that it entered into a new $75 million strategic financing facility (the “Financing Facility”) with Cleanhill Partners and affiliates, AV Securities and other long-term investors. The Financing Facilit ...

RESTON, Va., June 25, 2025 (GLOBE NEWSWIRE) -- America’s leading mission integrator, Science Applications International Corp. (NASDAQ: SAIC), has been awarded the Hyper-Innovative Operational Prototype Engineering (HOPE) 2.0 contract in support of the U.S. Air Force Tactical Exploitation of National Capabilities (AF TENCAP). This $928 million contract spans a five-year performance period and is set for a July 2025 program start. A congressionally-mandated rapid-acquisition organization, AF TENCAP exploits e ...

Core Insights - The global engineering services market is projected to grow from nearly $1.1 trillion in 2024 to $1.55 trillion by 2034, with a compound annual growth rate (CAGR) of 3.41% from 2029 to 2034 [2][16]. Market Overview - The engineering services market reached a value of approximately $1.1 trillion in 2024, growing at a CAGR of 3.48% since 2019 [2]. - The market is expected to grow to $1.31 trillion by 2029, reflecting a growth rate of 3.53% [2]. Historical Growth Factors - Growth during the historic period (2019-2024) was driven by rising infrastructure development projects, increased adoption of artificial intelligence, demand for industrial robots, and rapid industrialization [3]. - Negative factors included quality control issues and safety concerns within engineering firms [3]. Future Growth Drivers - Future growth will be propelled by the expansion of the renewable energy sector, investments in smart cities, demand for IoT solutions in smart manufacturing, and sustainable engineering solutions [4]. - Potential hindrances include high liability risks and infrastructure funding gaps [4]. Regional Insights - North America was the largest region in the engineering services market in 2024, accounting for 33.23% or $366.89 billion [5]. - The fastest-growing regions are expected to be the Middle East and Africa, with CAGRs of 9.63% and 6.50% respectively [5]. Market Fragmentation - The engineering services market is highly fragmented, with the top 10 competitors holding only 3.56% of the total market share in 2023 [6]. - AECOM is the largest competitor with a market share of 0.67% [6]. Market Segmentation - By type, civil engineering services accounted for 50.69% or $559.61 billion of the market in 2024, while the other engineering services segment is expected to grow at a CAGR of 4.88% from 2024 to 2029 [7]. - By deployment mode, the offshore segment was the largest, accounting for 57.99% or $640.17 billion in 2024, and is projected to grow at a CAGR of 3.74% [8]. - By end-user, transportation infrastructure was the largest segment, accounting for 19.02% or $210.03 billion, with telecommunications expected to grow at a CAGR of 4.65% [9]. Opportunities - The civil engineering services segment is expected to gain $81.48 billion in global annual sales by 2029 [10]. - The offshore segment is projected to gain $129.08 billion in global annual sales by 2029 [10]. - The transportation infrastructure segment is expected to gain $44.75 billion in global annual sales by 2029, with the USA projected to gain the most at $26.64 billion [10]. Strategic Recommendations - Companies are advised to adopt generative AI to enhance engineering efficiency and build interoperable portfolios for better integration [12]. - Strategic partnerships and investments are recommended to drive innovation and market expansion [12].

Castellum Announces Pricing of $5.0 Million Public Offering of Common Stock and Warrants Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM) today announced the pricing of its public offering of 4,166,667 Units at a public offering price of $1.20 per Unit -www.castellumus.com VIENNA, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal governm ...

Core Insights - Colliers has launched a refreshed sustainability strategy named "Built to Last," which aligns with current environmental, social, and governance challenges and opportunities [1][3] - The 2024 Global Sustainability Report highlights significant achievements, including a 27.6% reduction in Scope 1 and 2 emissions per square foot from the 2021 baseline [6] - Tonya Lagrasta has been appointed as the Global Head of Sustainability to lead the implementation of the new strategy [2][3] Sustainability Achievements - Achieved a 27.6% reduction in Scope 1 and 2 emissions per square foot from the 2021 baseline [6] - Earned WELL Health-Safety Ratings in 87.4% of Colliers offices ≥ 2,500 sq. ft., an increase from 35% in 2022 [6] - Expanded the electric vehicle fleet to over 170, representing a fivefold increase in two years [6] - Reached 88% participation in the global employee engagement survey, with scores exceeding external benchmarks [6] - Achieved 68% of the Colliers Gives volunteering goal [6] Company Overview - Colliers is a global diversified professional services and investment management company with nearly $5.0 billion in annual revenues and over $100 billion in assets under management [4] - The company operates through three platforms: Real Estate Services, Engineering, and Investment Management, and has a team of 23,000 professionals [4] - Colliers has consistently delivered approximately 20% compound annual returns for shareholders over the past 30 years [4]

TORONTO and PETERBOROUGH, ON, June 05, 2025 (GLOBE NEWSWIRE) -- Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that its Canadian engineering platform, Englobe Corporation (“Englobe”), has finalized an agreement to acquire Cambium Inc. (“Cambium”), a leading multi-service engineering consulting firm in Ontario. The addition will strengthen Englobe’s scale, geographic footprint, and capabilities in Canada’s largest market. Cambium’s se ...

Financial Data and Key Metrics Changes - The company reported a book-to-bill ratio of over 1.0, indicating a positive revenue trajectory is being established [11] - The guidance for free cash flow is set at $600 million, reflecting a reduction from the previous year's range of $680 million to $690 million due to a decrease in after-tax EBIT and an increase in restructuring costs [54][58] Business Line Data and Key Metrics Changes - The company is focusing on strategic projects, which have shown strength in the pipeline, while shorter-term project-based services have seen a slowdown [31][32] - The average contract value (ACV) for bookings has increased, with longer-term durations compared to the previous year, indicating a shift in the mix of work won [37] Market Data and Key Metrics Changes - The company has observed varying impacts across different industries due to macroeconomic factors, with some industries experiencing more turbulence than others [27][28] - There is a noted increase in customer engagement, with clients expressing a desire to expand their use of the company's services [22][25] Company Strategy and Development Direction - The company is undergoing a turnaround focused on four pillars: people, process, culture, and scale, aiming to unify operations and improve efficiency [5][10] - The management is prioritizing AI-centric work and modernization in financial services as key growth areas [11][26] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the execution risk associated with changes but believes the risk of not making changes is greater, especially given the history of revenue decline [19][20] - The outlook remains cautious due to economic uncertainties, but there is confidence in the company's ability to execute on its pipeline and achieve positive revenue growth [61] Other Important Information - The company has initiated a $150 million share repurchase program for 2026, with plans to deploy it opportunistically throughout the year [62] - There is an emphasis on maintaining a solid foundation before considering mergers and acquisitions, ensuring any future deals are beneficial for both parties involved [65][68] Q&A Session Summary Question: What is the company's outlook on client demand? - The company has seen strong engagement from clients, with many expressing a desire to utilize more of its services, indicating a positive demand environment [22][25] Question: How does the company plan to sustain its book-to-bill ratio above 1? - The company is focusing on improving its go-to-market strategy and ensuring a robust pipeline of strategic projects, which are expected to drive sustained growth [31][33] Question: What are the expectations for revenue guidance in fiscal 2026? - The company has guided for a revenue decline of 3% to 5%, accounting for economic uncertainties and the impact of project-based services [40][41]

Tetra Tech (TTEK) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual in ...

Endava (DAVA) FY 2025 Conference May 28, 2025 09:05 AM ET Speaker0 We're going to get started here. I'm Brian Bergen from TD Cowen. I cover payments and IT services. Thank you all for joining us. With us today we're Fireside with Endava. Endava is a digital engineering provider with over 11,000 global professionals. Its heritage base of operations is in Central Europe but it's growing increasingly global with employees across 29 countries now and it also includes a more nascent growing base in APAC and we'l ...