Loading...
Loading...
- DLH Holdings Corp (NASDAQ: DLHC) reported fourth-quarter revenue growth of 3% year-over-year to $67.2 million, beating the consensus of $67 million.
- EPS improved to $0.24, missing the consensus of $0.25.
- Operating income increased by 16.4% Y/Y to $4.69 million, and the margin expanded by 80 bps to 7%.
- Adjusted EBITDA margin expanded by 50 bps to 9.8%.
- DLH had cash and equivalents of $0.2 million versus $24.1 million a year ago.
- DLH had debt outstanding under its credit facilities of $22.0 million for the current quarter versus $46.8 million as of September 30, 2021.
- CEO Zach Parker said, "We begin fiscal 2023 with a healthy backlog of $482.5 million representing our diverse programs across numerous agencies in the markets we serve. In addition, we further paid down debt, leaving the Company with a solid balance sheet and the financial flexibility to fund business growth initiatives and invest in our people."
- Price Action: DLHC shares closed lower by 2.26% at $13.43 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in