earnings
confidence high
sentiment neutral
materiality 0.70
DLH Q2 revenue $99.4M, net income $0.8M ($0.06 EPS) vs $7.2M prior year
DLH Holdings Corp.
2024-Q2 EPS reported
$0.16
revenue$172,155,000
- 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.