secwatch.observer — SEC 8-K summary
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Issuer:     DLH Holdings Corp. (DLHC)
CIK:        0000785557
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000785557-23-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DLH Q2 revenue $99.4M, net income $0.8M ($0.06 EPS) vs $7.2M prior year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785557/000078555723000047/0000785557-23-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785557/000078555723000047/dlhc-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000785557-23-000047

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