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Earnings Call Summary | DLH Holdings(DLHC.US) Q2 2024 Earnings Conference

Futu News ·  May 4 16:27  · Conference Call

The following is a summary of the DLH Holdings Corporation (DLHC) Q2 2024 Earnings Call Transcript:

Financial Performance:

  • DLH Holdings Corporation reported Q2 revenue of $101 million.

  • Company EBITDA stood at $10.2 million in the second quarter with operating cash generated at $5.2 million in the period, bringing the year-to-date total to over $10 million.

  • The firm reduced its debt by $3.6 million, finishing the period with $170.8 million of total debt remaining.

  • Expectations are for debt reduction between $153 million and $157 million by the end of the fiscal year.

Business Progress:

  • During Q2, DLH increased its backlog by over $80 million to $736 million from the end of Q1.

  • The company won several awards during the period, including two vital recompetes, strengthening their standing in the National Institute of Health sector.

  • DLH continues investing and reshaping their portfolio through business development activities and responding to active pipeline opportunities.

  • The company's future plans focus on growth and expansion in digital transformation and cybersecurity, which are crucial for enhancing R&D.

  • Despite potential uncertainties, DLH expects continued growth throughout the year and beyond.

More details: DLH Holdings IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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