secwatch.observer — SEC 8-K summary
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Issuer:     DLH Holdings Corp. (DLHC)
CIK:        0000785557
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0000785557-26-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DLH Q1 revenue down 24% to $68.9M; net loss $1.3M, adjusted EBITDA $6.5M
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- Revenue $68.9M, down 24.1% YoY; net loss $1.3M vs income $1.1M; diluted EPS $(0.09).
- Adjusted EBITDA $6.5M (9.5% margin) vs $9.9M (11% margin) prior year, down 34.3%.
- Operating cash use improved to $(4.8)M from $(11.5)M; debt rose to $136.6M from $131.6M.
- Legacy program transitions to small-business contractors cited as main revenue headwind.
- Management rightsizing cost structure; expects delevering through FY2026 operating cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785557/000078555726000011/0000785557-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785557/000078555726000011/dlhc-20260209.htm
  HTML page:      https://secwatch.observer/filing/0000785557-26-000011

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