secwatch.observer — SEC 8-K summary
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Issuer:     DLH Holdings Corp. (DLHC)
CIK:        0000785557
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000785557-23-000054
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DLH Q3 revenue $102.2M, net income $1.7M; new NIH contract up to $85M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785557/000078555723000054/0000785557-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785557/000078555723000054/dlhc-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000785557-23-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer