Company: HCKT
Filing Date: 2025-11-04
Form Type: SC TO-C
Source: 0001193125-25-265008
Chunk: 3

Company: HACKETT GROUP, INC.
Filing Date: 2025-11-04
Form: SC TO-C
Chunk 3
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, V4 is allowing us to attract clients and channel partners that are expected to accelerate our growth in this rapidly growing area.” Financial Highlights

| • |     | Total revenue in the third quarter of 2025 was $73.1 million and revenue before reimbursements was                                                        
 $72.2 million. This compares to total revenue of $79.8 million and revenue before reimbursements of $77.9 million in the third quarter of the prior year. |

| • |     | GAAP diluted earnings per share was $0.09 in the third quarter of 2025, as compared to $0.31 in the third quarter                                                                                                                               
 of 2024. 2025 third quarter GAAP net income was impacted by non-cash compensation expense recognized in association with the stock price award program announced in September 2024 of $4.8 million, or $0.17                                    
 per diluted earnings per share. In addition, 2025 third quarter GAAP net income was also impacted by restructuring costs as the Company continues its pivot of the business to Gen AI of $3.1 million, or $0.08 per diluted earnings per share, 
 partially offset by LeewayHertz acquisition related cash and non-cash compensation benefit of $1.8 million, or $0.05 per diluted earnings per share.                                                                                            |

| • |     | Adjusted diluted earnings per share, a non-GAAP measure, for the third                                                                                                                                       
 quarter of 2025 was $0.37, which came in at the mid-point of our guidance, as compared to $0.43 in the third quarter of 2024. Adjusted financial information is provided to enhance the understanding of the 
 Company’s financial performance and is reconciled to the Company’s GAAP information in the accompanying tables.                                                                                              |

| • |     | As of September 26, 2025, the Company’s cash balances were $13.9 million, with $44.0 million                                                                                                                                             
 outstanding on the Company’s credit facility. Additionally, during the quarter the Company repurchased 1.1 million shares of its stock at an average price of $20.70 for a total of $22.9 million. As of the end of the third quarter of 
 2025, the Company’s remaining share repurchase program authorization was $12.6 million.                                                                                                                                                  |

| • |     | Subsequent to the end of the third quarter, the Company’s Board of Directors approved an additional