{"filings":[{"id":2466836,"accession_number":"0001628280-26-058905","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2026-08-25T20:29:38+00:00","items":["5.02","9.01"],"status":"ready","headline":"DLH finalizes separation, advisory and consulting agreements with ex-CEO Parker","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Parker resigned as CEO effective June 30, 2026; agreements signed August 19, 2026.","Separation Agreement: 18 months COBRA, option exercisability continues, unvested RSUs remain vesting.","Advisory Agreement with Z Parker Enterprises LLC: $187,550 cash paid in 3 monthly installments (Jul 1-Sep 30, 2026).","Consulting Agreement: 142,857 RSUs ($750k) and 19,047 PSUs ($100k) vesting through Sep 30, 2027; $5.25 price floor guarantee.","Parker remains non-employee board member through current term and provides transition services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1940958,"accession_number":"0001628280-26-050624","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2026-07-29T20:16:04+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q3 revenue down 47% to $44.2M; net loss of $16.8M; CEO and CFO appointed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $44.2M vs $83.3M a year ago (-46.9%); net loss $(16.8)M including $10.4M deferred tax valuation allowance.","Diluted EPS $(1.16) vs $0.02; Adjusted EBITDA $3.4M (7.6% margin) vs $8.1M (9.7%) a year ago.","Debt reduced to $128.7M from $132.7M at end of Q2; operating cash flow $4.2M.","Kathryn JohnBull appointed President & CEO; Steve Oroho named CFO & Treasurer effective end of Q3.","Backlog $408.5M, down 20.6% from Sept 2025; company expects Q4 revenue entirely from technology solutions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1471837,"accession_number":"0001628280-26-047263","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2026-07-06T20:15:40+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"DLH Holdings CEO Zach Parker retires; CFO Kathryn JohnBull named CEO, Steve Oroho appointed CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Zachary C. Parker resigns as President and CEO effective June 30, 2026; will remain on board as non-employee director.","Kathryn M. JohnBull appointed President and CEO effective July 1, 2026; base salary $600,000, bonus target 100% of base.","Steven V. Oroho, Jr. appointed CFO and Treasurer effective July 1, 2026; base salary $340,000, bonus up to 70% of base.","JohnBull receives RSU grant valued at 75% of base salary; Oroho receives RSU grant of $200,000, both vesting over 3 years.","Parker to provide transition services through end of fiscal 2026 and consulting in fiscal 2027 under anticipated separation agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1112236,"accession_number":"0001628280-26-043937","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2026-06-17T20:36:03+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"DLH amends credit agreement; gets covenant relief through Sep 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Second Amendment modifies Consolidated EBITDA to add lease termination costs and up to $3M from new contract awards.","Total leverage ratio caps raised to 5.0x (Jun 2026) and 5.5x (Sep 2026); fixed charge coverage floor lowered to 1.05x.","Total Funded Debt now excludes undrawn letters of credit for VA Consolidated Mail Outpatient Pharmacy program.","Term loan principal amortized to $122M as of June 11, 2026 effective date.","Other terms unchanged; collateral remains on substantially all assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98834,"accession_number":"0001628280-26-031338","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q2 FY2026 net loss of $2.5M on revenue down 34%; backlog falls to $442.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $59.3M, down 33.5% YoY; net loss $(2.5)M vs income $0.9M; diluted EPS $(0.17) vs $0.06.","Adjusted EBITDA $5.3M (9.0% margin) vs $9.4M (10.5% margin); free cash flow $3.8M vs $14.5M.","Debt reduced to $132.7M from $136.6M at Q1 end; backlog $442.4M, down 14% from Sep 2025.","Awarded 2-year sole source extension for NIH clinical research support contract.","Management says legacy contract conversions to small businesses expected to complete in Q3 FY2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":128158000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114517,"accession_number":"0001628280-26-018861","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2026-03-17T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 550K share increase to DLH 2025 equity plan and elect directors","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders approved an amendment adding 550,000 shares to the 2025 Equity Incentive Plan.","All seven director nominees (Bjornaas, Granger, Murphy, Parker, Wasserman, Yerks, Zelkowicz) were elected.","Advisory vote on named executive officer compensation passed: 7.2M for, 1.5M against.","Ratification of Withum, Smith+Brown as independent auditor for FY2026 approved: 12.4M for, 0.7M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114516,"accession_number":"0000785557-26-000011","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q1 revenue down 24% to $68.9M; net loss $1.3M, adjusted EBITDA $6.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $68.9M, down 24.1% YoY; net loss $1.3M vs income $1.1M; diluted EPS $(0.09).","Adjusted EBITDA $6.5M (9.5% margin) vs $9.9M (11% margin) prior year, down 34.3%.","Operating cash use improved to $(4.8)M from $(11.5)M; debt rose to $136.6M from $131.6M.","Legacy program transitions to small-business contractors cited as main revenue headwind.","Management rightsizing cost structure; expects delevering through FY2026 operating cash flow."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":68892000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130889,"accession_number":"0000785557-25-000161","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2025-12-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q4 revenue falls 15.8% YoY to $81.2M; net loss $0.9M vs income $2.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $81.2M (-15.8% YoY); net loss $(0.9)M vs profit $2.3M; diluted EPS $(0.06) vs $0.16.","EBITDA $6.6M (-38.3% YoY); margin 8.1% vs 11.1%; free cash flow $10.7M.","Debt reduced to $131.6M from $154.6M (-14.9%) as deleveraging continues.","Backlog $514.3M (-25.5% from $690.3M); National Security contracts grew 8.8% in Q4.","CEO cites near-term market headwinds impacting revenue; investing in AI and cyber opportunities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130888,"accession_number":"0000785557-25-000152","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","8.01"],"status":"ready","headline":"DLH reports debt reduction $23M; loses Head Start contract ($28.4M annual revenue)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total debt $131.6M at FY-end Sep 30, 2025, down $23M from $154.6M; $10.7M paid in Q4.","Head Start contract not renewed; revenue $28.4M YTD (10.7% of total); services end Oct 31, 2025.","Awarded sole-source CMOP IDIQ contract by VA with ceiling $90M, through April 2027; expected quarterly revenue ~$28M.","Mandatory amortization payments for FY2026 fully satisfied due to working capital management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130887,"accession_number":"0000785557-25-000141","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"DLH enters new CEO employment agreement with Parker; $750K base, 3-year term","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary of $750,000 per annum, annual bonus target 100% of base salary.","First long-term incentive award target value of 250% of base salary under 2025 Equity Incentive Plan.","Initial three-year term through September 30, 2028; auto-renew for one-year periods unless terminated.","Severance for without cause/good reason: 24 months base salary plus 18 months health benefits and accelerated time-based vesting.","Change-in-control severance: 250% of base salary plus benefits if termination within 180 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147458,"accession_number":"0000785557-25-000084","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Holdings reports Q3 FY2025 revenue $83.3M, net income $0.3M, debt reduced $9.4M sequentially","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $83.3M, down from $100.7M year-over-year, due to small business conversions and program timing.","Net income $0.3M ($0.02 per diluted share) vs. $1.1M ($0.08) in prior-year quarter.","EBITDA $8.1M (9.7% of revenue) vs. $10.0M (10.0%) in Q3 FY2024; operating margin 4.5%.","Total debt $142.3M as of June 30, 2025, down $9.4M from March 31, 2025, reflecting strong cash flow.","Contract backlog $555.3M as of June 30, 2025, down from $690.3M at September 30, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":263337000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166097,"accession_number":"0000785557-25-000047","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q2 revenue falls to $89.2M (-12% YoY); net income halves to $0.06 EPS","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $89.2M vs $101.0M YoY; net income $0.9M ($0.06 diluted EPS) down from $1.8M ($0.12).","EBITDA $9.4M (10.5% margin) vs $10.2M; operating cash flow $14.5M drove $15.3M debt reduction.","Total debt $151.7M, down from $167.0M Dec 2024; all mandatory amortizations through Dec 2025 satisfied.","Backlog $646.9M; over $1.0B in new proposals pending evaluation; bid activity accelerating.","CEO cites neutral-to-positive policy impact; expects growth opportunities in FY2026."],"consensus_eps_estimate":0.0204,"consensus_eps_actual":0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":179994000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183606,"accession_number":"0000785557-25-000022","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2025-03-18T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"DLH shareholders approve 2025 Equity Incentive Plan; all director nominees elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2025 Equity Incentive Plan approved with 8,885,977 for, 1,307,175 against, replacing 2016 plan.","All seven director nominees elected: Bjornaas, Granger, Murphy, Parker, Wasserman, Yerks III, Zelkowicz.","Advisory vote on executive compensation passed 8,268,874 for; shareholders recommend annual frequency.","Ratification of WithumSmith+Brown as auditor for FY2025 passed 12,111,882 for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183605,"accession_number":"0000785557-25-000018","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2025-02-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q1 revenue falls 7% YoY to $90.8M; EPS drops to $0.08 from $0.15","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $90.8M, down from $97.9M; net income $1.1M vs $2.2M YoY.","EBITDA $9.9M (11.0% margin) vs $11.1M (11.3%) in prior year.","Total debt rose to $167.0M from $154.6M due to delayed receivables collection.","Contract backlog $665.3M vs $690.3M sequentially; funded backlog $135.2M.","Recent wins: Navy C5ISR contract fully staffed; OASIS+ ID/IQ award expands pipeline."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":90782000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200194,"accession_number":"0001628280-24-050145","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-12-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"DLH board member Martin Delaney will not stand for reelection at 2025 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Martin J. Delaney notified the DLH Board of Directors on Dec 3, 2024, of his decision not to stand for reelection at the 2025 annual meeting for personal reasons.","Delaney will continue to serve on the Board until the expiration of his current term at the 2025 annual meeting.","No replacement has been announced in the filing; the Board has not yet addressed the resulting vacancy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200193,"accession_number":"0000785557-24-000069","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-12-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q4 revenue $96.4M, EPS $0.16; debt cut to $154.6M; new $76M Navy award","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue fell 4.9% YoY to $96.4M; full-year revenue rose 5.3% to $395.9M.","Q4 diluted EPS $0.16 vs $(0.18) loss a year ago; Q4 adjusted EBITDA $10.7M vs $12.1M.","Total debt reduced $24.8M YoY to $154.6M; all mandatory principal payments through FY25 satisfied.","Backlog $690.3M; new $76M U.S. Navy C5ISR contract won.","Company faces headwinds from small business conversions of VA and DOD contracts, including CMOP awards anticipated in FY25."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200192,"accession_number":"0000785557-24-000061","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH reduces debt to $154.6M, amends credit facility with relaxed covenants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total debt fell to $154.6M at FY-end Sep 30, 2024 from $179.4M a year earlier, a $24.8M reduction.","Q4 debt paydown was $11.9M; all mandatory fiscal 2025 amortization payments have been satisfied.","Credit facility amended: revolver capacity cut from $70M to $50M; Total Leverage and Fixed Charge Coverage ratios modified.","Amendment provides flexibility as DLH navigates expected shift of CMOP program to small-business set-aside contracts.","Full audited FY 2024 results to be released on December 5, 2024; current figures are preliminary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200191,"accession_number":"0000785557-24-000059","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"DLH Holdings Corp. amends credit agreement, easing leverage and coverage covenants but cutting revolver to $50M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total leverage ratio maximum raised to 4.5x for Dec 2024–Jun 2025, then 4.75x through Mar 2026, and minimum 4.25x from Mar 2027.","Fixed charge coverage ratio minimum reduced to 1.25x for Dec 2024–Mar 2025, then 1.05x through Mar 2026, and back to 1.25x from Dec 2026.","Revolving credit facility borrowing capacity cut from $70 million to $50 million.","Principal of the secured term loan amortized to $142.5 million as of the amendment effective date.","Amendment dated November 6, 2024; other terms including maturity and pricing unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216215,"accession_number":"0000785557-24-000052","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q3 fiscal 2024 revenue $100.7M, net income $1.1M; debt reduction continues","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $100.7M vs $102.2M prior year; net income $1.1M ($0.08 diluted EPS) vs $1.7M ($0.12) prior year.","EBITDA $10.0M (10.0% of revenue) vs $11.4M (11.1%) prior year; operating profit $7.4M vs $1.8M.","Total debt reduced to $166.5M from $170.8M in prior quarter; expects year-end debt between $157M and $160M.","Contract backlog $670.5M (funded $141.5M); operating cash flow $4.6M in Q3. Management cites delayed new business awards but strong pipeline."],"consensus_eps_estimate":null,"consensus_eps_actual":0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":299551000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216214,"accession_number":"0000785557-24-000045","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-07-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"DLH Holdings CHRO G. Maliek Ferebee resigns effective Aug 23, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Chief Human Resources Officer G. Maliek Ferebee notified the company of his resignation on July 16, 2024.","Resignation effective August 23, 2024; reason given is a new career opportunity.","Ferebee will continue in his role until the effective date to assist with transition.","No replacement has been announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235758,"accession_number":"0000785557-24-000039","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q2 revenue up to $101M; net income $1.8M; backlog jumps to $736M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $101.0M vs $99.4M YoY; net income $1.8M ($0.12 diluted EPS) vs $0.8M ($0.06).","Total debt reduced to $170.8M from $174.4M sequentially; expects $157-153M by year-end.","Contract backlog rose to $736.2M from $653.5M, up $82.7M sequentially.","EBITDA $10.2M (10.1% margin) vs $10.5M (10.5% margin) in prior year.","VA CMOP contract extended with $200M ceiling; initial tasking through July 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":198857000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253513,"accession_number":"0000785557-24-000031","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-03-20T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"DLH updates VA CMOP contract status; lost Chelmsford bid, prime contracts extended to April 30","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["VA awarded Chelmsford CMOP to unrelated SDVOSB; DLH joint venture pursuing remedies under Federal acquisition regulations.","VA extended existing prime contracts (previously expiring Feb 29, 2024) through April 30, 2024.","VA issued Notices of Intent to Award Sole Source Procurements for up to 3 months to various SDVOSBs, including DLH's joint venture.","DLH believes transition unlikely given short durations; expects to continue operating until five-year set-aside contract awards by Sept 30, 2024.","Eight five-year contracts still under evaluation; material impact of potential loss cannot be evaluated at this time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253512,"accession_number":"0000785557-24-000029","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-03-20T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"DLH Holdings Corp. Announces 2024 Annual Meeting Voting Results","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected eight directors to one-year terms; Dr. Elder Granger received highest votes (9,784,474) and Zachary C. Parker received 9,783,399.","Advisory vote on executive compensation approved with 9,959,575 in favor, 38,775 against, and 15,083 abstentions.","Ratified Withum, Smith + Brown, P.C. as independent auditor for fiscal 2024 with 11,613,117 votes for, 5,726 against, 16,951 abstentions.","Total shares represented at meeting: 11,635,794 out of 14,230,708 outstanding, constituting a quorum."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253511,"accession_number":"0000785557-24-000027","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-02-26T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"VA awards Chelmsford CMOP contract to competitor; DLH loses <3% of revenue","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["VA awarded Chelmsford CMOP staffing contract to an unrelated SDVOSB; award subject to finalization.","DLH revenue from Chelmsford location represents less than 3% of FY2023 consolidated revenue.","DLH continues as prime on all CMOP contracts; seven other procurements remain under evaluation.","DLH bid as joint-venture partner with SDVOSB prime for all eight CMOP procurements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253510,"accession_number":"0000785557-24-000017","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2024-01-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q1 rev $97.9M (YoY +35%); EPS $0.15; debt down $5M to $174.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $97.9M vs $72.7M prior year, driven by Dec 2022 acquisition; operating margin 7.0% (vs 5.4%).","Net income $2.2M ($0.15 diluted EPS) vs $1.5M ($0.11); EBITDA $11.1M vs $6.3M.","Total debt $174.4M, down $5M from Sept 30; company guides to $153-157M by FY-end.","Contract backlog $653.5M, down from $704.8M at end of Q4; funded backlog $132.3M.","Operating cash flow $5.1M in Q1; CEO notes award momentum expected to build through FY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":97850000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270979,"accession_number":"0000785557-23-000087","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-12-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH reports Q4 net loss $(0.18)/share; revenue up 51% to $101.5M; adjusted EPS $0.16","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $101.5M (+51% YoY) driven by Dec 2022 acquisition and organic growth.","GAAP net loss $(2.6)M ($0.18 diluted loss) vs net income $3.4M ($0.24) in prior-year Q4.","Adjusted net income $2.3M ($0.16 diluted) vs $3.7M ($0.26) YoY; Adjusted EBITDA $12.1M vs $7.0M.","Full-year revenue $375.9M (incl. $125.8M FEMA; ex-FEMA grew from $269.4M to $375.9M).","Debt reduced $28.2M post-acquisition to $179.4M; backlog $704.8M vs $482.5M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270978,"accession_number":"0000785557-23-000075","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-10-24T23:59:59+00:00","items":[],"status":"ready","headline":"DLH reports FY2023 debt reduction beat, Q4 revenue ~$100M, facility impairment $8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total debt at FY end $179.4M, down from $207.6M post-GRSi, beating management expectation of $186.4M.","Preliminary Q4 revenue ~$100M vs $67.2M prior year, driven by GRSi contributions.","Facility rationalization results in non-cash impairment charge of approx $8M in Q4, expected to save $1M annually.","Debt reduction of $28.2M post-acquisition, including $13.9M in voluntary prepayments."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":375872000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287869,"accession_number":"0000785557-23-000056","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-09-25T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"DLH Holdings enters new employment agreement with CFO Kathryn JohnBull; base salary $500k","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["New CFO employment agreement effective Oct 1, 2023 through Sep 30, 2026.","Base salary of $500,000 per annum, bonus target up to 70% of base salary.","Long-term incentive awards target value not less than 100% of base salary.","Severance on without-cause/good-reason termination: 175% base salary, 18 months health benefits, time-based equity acceleration.","Change-in-control severance includes 175% base salary and full equity acceleration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287868,"accession_number":"0000785557-23-000054","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q3 revenue $102.2M, net income $1.7M; new NIH contract up to $85M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $102.2M, up from $66.4M (ex-FEMA adj) YoY; includes $34.4M from GRSi acquisition.","GAAP net income $1.7M ($0.12 diluted EPS) vs $4.9M ($0.34) prior year; higher interest/amortization.","EBITDA $11.4M vs $9.0M prior year; adjusted EBITDA $11.4M on adjusted revenue.","Total debt $195.8M; target $185-187M by fiscal year-end; operating cash flow $15M YTD.","Backlog $817.8M (funded $147.3M); new NIH contract ceiling $85M over 5 years."],"consensus_eps_estimate":null,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":274385000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308208,"accession_number":"0000785557-23-000047","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q2 revenue $99.4M, net income $0.8M ($0.06 EPS) vs $7.2M prior year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $99.4M vs $108.7M prior year (which included $39.8M FEMA); ex-FEMA revenue up $30.5M.","Net income $0.8M ($0.06 diluted EPS) vs $7.2M ($0.50); prior year included $5.5M FEMA operating income.","EBITDA $10.5M vs $12.1M; adjusted EBITDA $10.5M vs $6.6M; margins improved excluding FEMA.","Debt $204.2M at quarter-end, reduced to $196.3M post-quarter; target $185-190M by fiscal year-end.","Backlog $940.6M; GRSi integration on track; won NCI contract seat; new board member added."],"consensus_eps_estimate":null,"consensus_eps_actual":0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":172155000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327073,"accession_number":"0000785557-23-000040","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-03-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"DLH Holdings shareholders elect eight directors, approve exec comp, ratify auditor at 2023 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Eight director nominees elected: Judith L. Bjornaas, Martin J. Delaney, Dr. Elder Granger, Dr. Frances M. Murphy, Zachary C. Parker, Frederick G. Wasserman, Austin J. Yerks III, Stephen J. Zelkowicz.","Advisory vote on named executive officer compensation approved: 9,848,102 for, 486,481 against, 6,444 abstain.","Ratification of Withum, Smith + Brown, P.C. as independent auditor for FY ending Sept 30, 2023: 11,516,877 for, 15,456 against, 220,855 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327069,"accession_number":"0000785557-23-000034","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K/A","filed_at":"2023-02-23T23:59:59+00:00","items":["9.01","7.01"],"status":"ready","headline":"DLH files amended 8-K with GRSi financials; acquired firm had $91.8M revenue in 2021","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["GRSi audited 2021 revenue $91.8M, net income $8.9M; 2020 revenue $78.9M, net income $6.9M.","Unaudited nine-month financials for GRSi through Sep 30, 2022 also filed as Exhibit 99.2.","Pro forma combined balance sheet and income statement for DLH as of Sep 30, 2022 and FY2022 reflect GRSi acquisition.","Non-GAAP pro forma EBITDA for DLH FY2022 as if GRSi acquired Oct 1, 2021 furnished in Exhibit 99.4."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327072,"accession_number":"0000785557-23-000025","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-02-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q1 adj EPS $0.25, rev $72.7M; GRSi acquisition closed; backlog $942.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $72.7M vs $152.8M (prior yr incl $91.1M FEMA); adj rev $65.9M up from $61.7M.","GAAP diluted EPS $0.11 vs $0.55; adj diluted EPS $0.25 vs $0.22.","GRSi acquisition added $6.9M revenue; total debt $203.4M at Dec 31, down from $207.6M at close.","Contract backlog $942.7M (incl $492.9M GRSi) vs $482.5M at start of FY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":72738000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327071,"accession_number":"0000785557-23-000021","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-02-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"DLH Holdings modifies executive incentive compensation, grants performance and time-based RSUs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Zachary Parker granted 55,283 performance RSUs and 55,282 time-based RSUs; other executives receive only performance RSUs.","Performance targets weighted equally: 30% revenue growth over FY2022 (ex-acquisitions) and stock price target of $33.21 (225% increase).","RSUs vest over three-year period ending Sept 30, 2025; threshold, target, and maximum payouts at 80%, 100%, and 125%.","CEO target at 200% of base salary; other executives at 75% of base salary.","Time-based RSUs for CEO designed for long-term retention; all subject to recoupment and accelerated vesting conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327070,"accession_number":"0000785557-23-000010","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2023-01-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"DLH terminates Chief Growth Officer Jacqueline S. Everett, effective Feb 27, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ms. Everett's employment terminated without cause; severance per July 2020 agreement.","Separation subject to execution of a release; no successor named in the filing.","Termination effective February 27, 2023; accrued compensation and benefits apply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344807,"accession_number":"0000785557-22-000052","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-12-14T23:59:59+00:00","items":["1.01","2.01","2.03","3.02","3.03","9.01"],"status":"ready","headline":"DLH Holdings acquires Grove Resource Solutions for $185M; funds with new $260M credit facility","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price: $185M ($178M cash + 526,898 shares of DLHC valued at $7M) for Grove Resource Solutions.","Financed with $190M term loan and $25.2M revolver draw under new $260M credit facility; total debt $215.2M at close.","New credit agreement matures Dec 2027, quarterly principal payments, SOFR-based interest, and leverage covenant (max 4.5x initial).","Grove became a wholly-owned subsidiary of DLH on December 8, 2022; escrow of ~$4.3M plus shares for post-closing adjustments.","526,898 shares of DLHC issued in a private transaction exempt from registration under Section 4(a)(2)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344806,"accession_number":"0000785557-22-000049","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-12-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"DLH acquires GRSi for $185M; adds ~$140M annual revenue and $550M backlog","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $185M ($157.9M net of tax benefits) comprised of $178M cash and $7M equity.","GRSi generates approximately $140M in annualized revenue and had a backlog of about $550M at closing.","DLH financed the deal via a $190M term loan and $70M revolving credit facility.","GRSi adds ~700 employees and strengthens DLH's IT, cloud, and cyber capabilities for federal clients."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344805,"accession_number":"0000785557-22-000042","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-12-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH fiscal 2022 Q4 revenue $67.2M; EPS $0.24; debt cut to $22M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $67.2M (+3% YoY); full-year revenue $395.2M incl. $125.8M short-term FEMA contracts.","Q4 diluted EPS $0.24 vs $0.21; full-year diluted EPS $1.64 vs $0.75.","Debt reduced from $46.8M to $22.0M during fiscal year; cash $0.2M.","Total backlog $482.5M (funded $98.9M) vs $651.5M prior year (incl. ~$85M FEMA).","Non-GAAP full-year EPS ex-FEMA $0.99 vs $0.74 prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344804,"accession_number":"0000785557-22-000039","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-11-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director James P. Allen will not stand for reelection at DLH's 2023 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James P. Allen notified the Board on Nov 10, 2022 of his decision to not stand for reelection.","Allen intends to continue serving on the Board and audit committee until the 2023 annual meeting.","Departure reason is personal; he plans to reduce professional activities and move toward retirement.","No replacement for Allen's Board seat has been announced by the Company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344803,"accession_number":"0000785557-22-000032","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-10-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"DLH enters new 3-year CEO employment agreement with Zachary Parker","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary $675k/yr, rising to at least $725k (yr 2) and $750k (yr 3) if performance targets met.","Target annual bonus 100% of base salary; long-term incentive equity awards up to 200-250% of base.","Severance: 24 months base salary if terminated without cause or for good reason; change-in-control triggers 2.5x base.","Agreement effective Oct 1, 2022, expires Sep 30, 2025; includes non-compete and non-solicitation clauses."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361280,"accession_number":"0000785557-22-000013","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q3 revenue $66.4M (+8% YoY), EPS $0.34, operating margin 10.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $66.4M, up 8% YoY; net income $4.9M vs $2.9M; diluted EPS $0.34 vs $0.21.","Operating margin improved to 10.7% from 8.0% on higher revenue, better mix, and lower fringe costs.","Debt reduced to $28.5M from $37.5M at March 31, 2022; total backlog $509.7M.","Won DoD health R&D IDIQ and NIH National Cancer Institute clinical research contract.","EBITDA $9.0M (13.5% of revenue) vs $7.0M (11.3%) in prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":1.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":327940000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380542,"accession_number":"0000785557-22-000010","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q2 revenue $108.7M (+77% YoY), EPS $0.50; ex-FEMA organic growth 12%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.50 ($7.2M net income) vs $0.19; adj. EPS ex-FEMA $0.22.","Revenue $108.7M, +77% YoY; $39.8M from short-term FEMA contracts; ex-FEMA revenue $68.9M, +12%.","Term loan reduced to $37.5M from $42.9M; post-quarter further reduced to $33M, retiring acquisition debt >2 years early.","Operating margin 9.4% vs 7.5% prior year; contract backlog $554.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":1.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":261500000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":380541,"accession_number":"0000785557-22-000008","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-04-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"DLH Holdings NEO Kevin Wilson transitions to strategic advisor role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kevin Wilson, a named executive officer, will become a strategic advisor effective May 16, 2022.","He will report to the CEO, focusing on corporate development, capability expansion, and integration.","Wilson remains eligible for a pro-rated portion of his fiscal 2022 incentive bonus.","His role changes from executive to non-executive capacity within the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":398622,"accession_number":"0000785557-22-000007","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-03-15T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"DLH Holdings shareholders elect board, approve say-on-pay, ratify auditor at 2022 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees elected with votes ranging from 8.3M to 9.4M for; broker non-votes of 1.67M.","Advisory vote on executive compensation passed with 9.23M for, 226K against, 10.9K abstain.","Ratification of Withum, Smith+Brown as independent auditor approved with 11.13M for, 10.9K against.","Quorum represented: 11.14M of 12.77M outstanding shares (87.2%) at March 10, 2022 meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":398621,"accession_number":"0000785557-22-000004","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2022-01-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Holdings Q1 FY2022: Revenue $152.8M, EPS $0.55; ex-FEMA revenue up 7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $152.8M vs $57.9M YoY; FEMA contracts contributed ~$91.1M, expected to wind down in Q2.","Diluted EPS $0.55 vs $0.13; non-GAAP ex-FEMA EPS $0.22.","Term loan reduced to $42.9M from $46.8M; operating cash used $16.2M due to FEMA deferred revenue.","Backlog $633.6M; funded backlog $132.4M. Management confident despite budget uncertainty."],"consensus_eps_estimate":null,"consensus_eps_actual":0.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":152801000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":417626,"accession_number":"0000785557-21-000025","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2021-12-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH reports Q4 FY2021 revenue $65.2M, EPS $0.21; full-year revenue up 17.6% to $246.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $65.2M vs $50.7M YoY; net income $2.9M ($0.21 diluted) vs $1.4M ($0.10).","Full-year revenue $246.1M (+17.6%); net income $10.1M ($0.75) vs $7.1M ($0.54).","Debt reduced to $46.8M from $70.0M; cash $24.1M after $21.1M FEMA advance.","Total backlog $651.5M including $191.0M funded; won $120M+ in awards from CDC and FEMA.","Operating cash flow $45.7M for FY2021; mandatory principal amortization satisfied through Dec 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":417625,"accession_number":"0000785557-21-000022","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2021-11-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"DLH appoints G. Maliek Ferebee as Chief Human Resources Officer effective Nov 8, 2021","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ferebee will oversee all HR operations including talent acquisition, diversity, performance mgmt, and compensation.","He most recently served as Chief Human Capital Officer at Alion Science and Technology (3,200+ employees).","Ferebee will report to CEO Zachary C. Parker and join the Executive Leadership Team.","He previously held senior HR roles at AECOM, Global Support Services Group, and QinetiQ NA Mission Solutions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":435189,"accession_number":"0000785557-21-000011","cik":785557,"company_name":"DLH Holdings Corp.","ticker":"DLHC","form_type":"8-K","filed_at":"2021-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"DLH Q3 FY2021 revenue $61.6M, EPS $0.21, operating margin 8.0%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $61.6M vs $51.5M YoY, driven by IBA acquisition and organic growth.","Net income $2.9M ($0.21 diluted EPS) vs $2.1M ($0.16) a year ago.","Operating margin expanded to 8.0% from 7.4%; year-to-date operating cash flow $15.4M.","Total backlog $566.2M as of June 30, 2021; funded backlog $76.4M.","CMOP recompete award cancelled due to protest; existing contract extended through Nov 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":0.54,"consensus_revenue_estimate":null,"consensus_revenue_actual":180913000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":81160997.82608695,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}