Highest-materiality recent filing
DLH finalizes separation, advisory and consulting agreements with ex-CEO Parker
Parker resigned as CEO effective June 30, 2026; agreements signed August 19, 2026.
DLH Q3 revenue down 47% to $44.2M; net loss of $16.8M; CEO and CFO appointed
Revenue $44.2M vs $83.3M a year ago (-46.9%); net loss $(16.8)M including $10.4M deferred tax valuation allowance.
DLH Holdings CEO Zach Parker retires; CFO Kathryn JohnBull named CEO, Steve Oroho appointed CFO
Zachary C. Parker resigns as President and CEO effective June 30, 2026; will remain on board as non-employee director.
DLH amends credit agreement; gets covenant relief through Sep 2026
Second Amendment modifies Consolidated EBITDA to add lease termination costs and up to $3M from new contract awards.
DLH Q2 FY2026 net loss of $2.5M on revenue down 34%; backlog falls to $442.4M
Revenue $59.3M, down 33.5% YoY; net loss $(2.5)M vs income $0.9M; diluted EPS $(0.17) vs $0.06.
Shareholders approve 550K share increase to DLH 2025 equity plan and elect directors
Shareholders approved an amendment adding 550,000 shares to the 2025 Equity Incentive Plan.
DLH Q1 revenue down 24% to $68.9M; net loss $1.3M, adjusted EBITDA $6.5M
Revenue $68.9M, down 24.1% YoY; net loss $1.3M vs income $1.1M; diluted EPS $(0.09).
DLH Q4 revenue falls 15.8% YoY to $81.2M; net loss $0.9M vs income $2.3M
Revenue $81.2M (-15.8% YoY); net loss $(0.9)M vs profit $2.3M; diluted EPS $(0.06) vs $0.16.
DLH reports debt reduction $23M; loses Head Start contract ($28.4M annual revenue)
Total debt $131.6M at FY-end Sep 30, 2025, down $23M from $154.6M; $10.7M paid in Q4.
DLH enters new CEO employment agreement with Parker; $750K base, 3-year term
Base salary of $750,000 per annum, annual bonus target 100% of base salary.
DLH Holdings reports Q3 FY2025 revenue $83.3M, net income $0.3M, debt reduced $9.4M sequentially
Q3 revenue $83.3M, down from $100.7M year-over-year, due to small business conversions and program timing.
DLH Q2 revenue falls to $89.2M (-12% YoY); net income halves to $0.06 EPS
Revenue $89.2M vs $101.0M YoY; net income $0.9M ($0.06 diluted EPS) down from $1.8M ($0.12).
DLH shareholders approve 2025 Equity Incentive Plan; all director nominees elected
2025 Equity Incentive Plan approved with 8,885,977 for, 1,307,175 against, replacing 2016 plan.
DLH Q1 revenue falls 7% YoY to $90.8M; EPS drops to $0.08 from $0.15
Revenue $90.8M, down from $97.9M; net income $1.1M vs $2.2M YoY.
DLH board member Martin Delaney will not stand for reelection at 2025 annual meeting
Martin J. Delaney notified the DLH Board of Directors on Dec 3, 2024, of his decision not to stand for reelection at the 2025 annual meeting for personal reasons.
DLH Q4 revenue $96.4M, EPS $0.16; debt cut to $154.6M; new $76M Navy award
Revenue fell 4.9% YoY to $96.4M; full-year revenue rose 5.3% to $395.9M.
DLH reduces debt to $154.6M, amends credit facility with relaxed covenants
Total debt fell to $154.6M at FY-end Sep 30, 2024 from $179.4M a year earlier, a $24.8M reduction.
Total leverage ratio maximum raised to 4.5x for Dec 2024–Jun 2025, then 4.75x through Mar 2026, and minimum 4.25x from Mar 2027.
DLH Q3 fiscal 2024 revenue $100.7M, net income $1.1M; debt reduction continues
Revenue $100.7M vs $102.2M prior year; net income $1.1M ($0.08 diluted EPS) vs $1.7M ($0.12) prior year.
DLH Holdings CHRO G. Maliek Ferebee resigns effective Aug 23, 2024
Chief Human Resources Officer G. Maliek Ferebee notified the company of his resignation on July 16, 2024.
DLH Q2 revenue up to $101M; net income $1.8M; backlog jumps to $736M
Revenue $101.0M vs $99.4M YoY; net income $1.8M ($0.12 diluted EPS) vs $0.8M ($0.06).
DLH Holdings Corp. Announces 2024 Annual Meeting Voting Results
Elected eight directors to one-year terms; Dr. Elder Granger received highest votes (9,784,474) and Zachary C. Parker received 9,783,399.
DLH updates VA CMOP contract status; lost Chelmsford bid, prime contracts extended to April 30
VA awarded Chelmsford CMOP to unrelated SDVOSB; DLH joint venture pursuing remedies under Federal acquisition regulations.
VA awards Chelmsford CMOP contract to competitor; DLH loses <3% of revenue
VA awarded Chelmsford CMOP staffing contract to an unrelated SDVOSB; award subject to finalization.
DLH Q1 rev $97.9M (YoY +35%); EPS $0.15; debt down $5M to $174.4M
Revenue $97.9M vs $72.7M prior year, driven by Dec 2022 acquisition; operating margin 7.0% (vs 5.4%).
DLH reports Q4 net loss $(0.18)/share; revenue up 51% to $101.5M; adjusted EPS $0.16
Q4 revenue $101.5M (+51% YoY) driven by Dec 2022 acquisition and organic growth.
DLH reports FY2023 debt reduction beat, Q4 revenue ~$100M, facility impairment $8M
Total debt at FY end $179.4M, down from $207.6M post-GRSi, beating management expectation of $186.4M.
DLH Holdings enters new employment agreement with CFO Kathryn JohnBull; base salary $500k
New CFO employment agreement effective Oct 1, 2023 through Sep 30, 2026.
DLH Q3 revenue $102.2M, net income $1.7M; new NIH contract up to $85M
Revenue $102.2M, up from $66.4M (ex-FEMA adj) YoY; includes $34.4M from GRSi acquisition.
DLH Q2 revenue $99.4M, net income $0.8M ($0.06 EPS) vs $7.2M prior year
Revenue $99.4M vs $108.7M prior year (which included $39.8M FEMA); ex-FEMA revenue up $30.5M.
Eight director nominees elected: Judith L. Bjornaas, Martin J. Delaney, Dr. Elder Granger, Dr. Frances M. Murphy, Zachary C. Parker, Frederick G. Wasserman, Austin J. Yerks III, Stephen J. Zelkowicz.
DLH files amended 8-K with GRSi financials; acquired firm had $91.8M revenue in 2021
GRSi audited 2021 revenue $91.8M, net income $8.9M; 2020 revenue $78.9M, net income $6.9M.
DLH Q1 adj EPS $0.25, rev $72.7M; GRSi acquisition closed; backlog $942.7M
Revenue $72.7M vs $152.8M (prior yr incl $91.1M FEMA); adj rev $65.9M up from $61.7M.
DLH Holdings modifies executive incentive compensation, grants performance and time-based RSUs
CEO Zachary Parker granted 55,283 performance RSUs and 55,282 time-based RSUs; other executives receive only performance RSUs.
DLH terminates Chief Growth Officer Jacqueline S. Everett, effective Feb 27, 2023
Ms. Everett's employment terminated without cause; severance per July 2020 agreement.
DLH Holdings acquires Grove Resource Solutions for $185M; funds with new $260M credit facility
Purchase price: $185M ($178M cash + 526,898 shares of DLHC valued at $7M) for Grove Resource Solutions.
DLH acquires GRSi for $185M; adds ~$140M annual revenue and $550M backlog
Purchase price of $185M ($157.9M net of tax benefits) comprised of $178M cash and $7M equity.
DLH fiscal 2022 Q4 revenue $67.2M; EPS $0.24; debt cut to $22M
Q4 revenue $67.2M (+3% YoY); full-year revenue $395.2M incl. $125.8M short-term FEMA contracts.
Director James P. Allen will not stand for reelection at DLH's 2023 annual meeting
James P. Allen notified the Board on Nov 10, 2022 of his decision to not stand for reelection.
DLH enters new 3-year CEO employment agreement with Zachary Parker
Base salary $675k/yr, rising to at least $725k (yr 2) and $750k (yr 3) if performance targets met.
DLH Q3 revenue $66.4M (+8% YoY), EPS $0.34, operating margin 10.7%
Revenue $66.4M, up 8% YoY; net income $4.9M vs $2.9M; diluted EPS $0.34 vs $0.21.
DLH Q2 revenue $108.7M (+77% YoY), EPS $0.50; ex-FEMA organic growth 12%
GAAP diluted EPS $0.50 ($7.2M net income) vs $0.19; adj. EPS ex-FEMA $0.22.
DLH Holdings NEO Kevin Wilson transitions to strategic advisor role
Kevin Wilson, a named executive officer, will become a strategic advisor effective May 16, 2022.
DLH Holdings shareholders elect board, approve say-on-pay, ratify auditor at 2022 annual meeting
All eight director nominees elected with votes ranging from 8.3M to 9.4M for; broker non-votes of 1.67M.
DLH Holdings Q1 FY2022: Revenue $152.8M, EPS $0.55; ex-FEMA revenue up 7%
Revenue $152.8M vs $57.9M YoY; FEMA contracts contributed ~$91.1M, expected to wind down in Q2.
DLH reports Q4 FY2021 revenue $65.2M, EPS $0.21; full-year revenue up 17.6% to $246.1M
Q4 revenue $65.2M vs $50.7M YoY; net income $2.9M ($0.21 diluted) vs $1.4M ($0.10).
DLH appoints G. Maliek Ferebee as Chief Human Resources Officer effective Nov 8, 2021
Ferebee will oversee all HR operations including talent acquisition, diversity, performance mgmt, and compensation.
DLH Q3 FY2021 revenue $61.6M, EPS $0.21, operating margin 8.0%
Revenue $61.6M vs $51.5M YoY, driven by IBA acquisition and organic growth.
the Company reported that Zachary C. Parker notified the Company of his decision to resign as its President and Chief Executive Officer effective June 30, 2026.
On July 16, 2024, Mr. G. Maliek Ferebee, the Chief Human Resources Officer of DLH Holdings Corp. (the “Company”), notified the Company that he has decided to resign his position with the Company effective August 23, 2024, in order to pursue a new career opportunity.
On January 26, 2023, DLH Holdings Corp. notified Ms. Jacqueline S. Everett, its Chief Growth Officer, of the termination of her employment effective as of February 27, 2023.
On November 10, 2022, James P. Allen, a member of the Board of Directors of DLH Holdings Corp. (the “Company”), notified the Board of Directors of his decision to not stand for reelection at the Company’s 2023 annual meeting of stockholders.
On April 14, 2022, DLH Holdings Corp. (the “Company”) reached an agreement with Mr. Kevin Wilson, a named executive officer, pursuant to which he will transition to a strategic advisor role with the Company in a non-executive capacity, which will be effective as of May 16, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings