DLH Holdings reports Q3 EPS 8c ,one estimate 14c

Reports Q3 revenue $100.7M, consensus $103M.”The third quarter results depict the dynamic nature of our Company, with growth in key markets being offset by some of our contracts transitioning to small businesses, impacting our top line,” said Zach Parker, DLH President and Chief Executive Officer. “New business revenue for fiscal 2024 has been delayed due to the government evaluation process. However, strong cash flow has allowed us to reduce debt and lower interest expenses. Our broad capabilities have allowed us to increase the pursuit of new business. Despite the complexity and delays of federal procurement, our robust pipeline of qualified new business continues to offer substantial growth opportunities in our core markets for the future.”