earnings
confidence high
sentiment positive
materiality 0.70
DLH Q2 revenue up to $101M; net income $1.8M; backlog jumps to $736M
DLH Holdings Corp.
2024-Q2 EPS reported
$0.27
revenue$198,857,000
- 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.