DLH Q3 fiscal 2024 revenue $100.7M, net income $1.1M; debt reduction continues

DLH Holdings Corp.

2024-Q3 EPS reported $0.35 revenue$299,551,000

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.

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