earnings
confidence high
sentiment neutral
materiality 0.75
DLH Q4 revenue $96.4M, EPS $0.16; debt cut to $154.6M; new $76M Navy award
DLH Holdings Corp.
- Revenue fell 4.9% YoY to $96.4M; full-year revenue rose 5.3% to $395.9M.
- Q4 diluted EPS $0.16 vs $(0.18) loss a year ago; Q4 adjusted EBITDA $10.7M vs $12.1M.
- Total debt reduced $24.8M YoY to $154.6M; all mandatory principal payments through FY25 satisfied.
- Backlog $690.3M; new $76M U.S. Navy C5ISR contract won.
- Company faces headwinds from small business conversions of VA and DOD contracts, including CMOP awards anticipated in FY25.