DLH Holdings' Q1 revenue falls 24.1% due to program transitions

Reuters
02/10
DLH Holdings' Q1 revenue falls 24.1% due to program transitions

Overview

  • Digital transformation provider's fiscal Q1 revenue fell 24.1% yr/yr due to program transitions

  • Adjusted EBITDA for fiscal Q1 was $6.5 mln, benefiting from cost reduction initiatives

  • Company's debt rose modestly due to short-term working capital needs

Outlook

  • DLH plans to use operating cash flow to reduce debt levels in fiscal 2026

  • Company aims to align expenses with revenue volumes and restore margins

Result Drivers

  • PROGRAM TRANSITIONS - Revenue decline attributed to transition of programs to small-business set-aside contractors

  • COST REDUCTION - Adjusted EBITDA benefited from initiatives to reduce costs and streamline operations

  • DEBT MANAGEMENT - Debt rose due to short-term working capital needs

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Miss

$68.90 mln

$70.20 mln (1 Analyst)

Q1 EPS

-$0.09

Q1 Net Income

-$1.32 mln

Q1 Income From Operations

$1.44 mln

Q1 Pretax Profit

-$1.96 mln

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the it services & consulting peer group is "buy"

  • Wall Street's median 12-month price target for DLH Holdings Corp is $10.00, about 70.4% above its February 6 closing price of $5.87

Press Release: ID:nGNX1GzlYs

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10