Interested parties may listen to the conference call by dialing 888-347-5290 or 412-317-5256. Presentation materials will also be posted on the Investor Relations section of the DLH website prior to the commencement of the conference call. A digital recording of the conference call will be available for replay two hours after the completion of the call and can be accessed on the DLH Investor Relations website or by dialing 877-344-7529 and entering the conference ID 2566648. DLH (NASDAQ: DLHC), a Russell 20 ...

DLH Holdings Corp. (DLHC) shares rallied 9.8% in the last trading session to close at $10.76. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.3% loss over the past four weeks. The stock is benefiting from revenue growth due to expansions within the company's health and Enterprise IT Management portfolios. This company is expected to post quarterly earnings of $0.14 per share in its upcoming report, which r ...

DLH Holdings Corporation (NASDAQ:DLHC) Q2 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Chris Witty - Managing Director, Investor Relations Zachary Parker - President, CEO & Director Kathryn JohnBull - CFO Conference Call Participants Joe Gomes - Noble Capital Markets Operator Welcome to the DLH Holdings Corp. Fiscal 2024 Second Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions]. I would now like to hand the call over to Chris ...

DLH Holdings Corp. (DLHC) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.69%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.15, delivering a surprise of 25%.Over the last four quarters, the company ...

Revenue and Income - Revenue for the second quarter of fiscal 2024 was $101.0 million, a slight increase from $99.4 million in fiscal 2023, reflecting growth in public health and IT services[5] - Net income for the second quarter was approximately $1.8 million, or $0.12 per diluted share, compared to $0.8 million, or $0.06 per diluted share, in the same period last year, indicating a net income margin increase from 0.8% to 1.8%[9] - Net income for the six months ended March 31, 2024, was $3,963 million, an increase of 68.5% compared to $2,352 million for the same period in 2023[23] - Revenue for the six months ended March 31, 2024, reached $198,857 million, representing a 15.5% increase from $172,155 million in the same period of 2023[27] EBITDA and Operating Performance - Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter were $10.2 million, slightly down from $10.5 million in the prior-year period, representing 10.1% of revenue[10] - EBITDA for the six months ended March 31, 2024, was $21,257 million, up 26.5% from $16,809 million in the prior year[27] - EBITDA as a percentage of revenue for the six months ended March 31, 2024, was 10.7%, an increase from 9.8% in the prior year[27] - Income from operations was $5.9 million, with an operating margin of 5.9%, slightly down from 6.0% in the prior-year period[7] Cash Flow and Debt Management - The company generated $5.2 million in operating cash during the second quarter, with expectations to reduce total debt to between $157.0 million and $153.0 million by the end of fiscal 2024[11] - Net cash provided by operating activities for the six months ended March 31, 2024, was $10,301 million, compared to $6,862 million in the prior year, reflecting a 50.5% increase[23] - The company had a cash balance of $238 million at the end of the year, up from $137 million at the end of the previous year[23] - Total debt decreased to $170.8 million as of March 31, 2024, from $174.4 million as of December 31, 2023, reflecting the company's ongoing debt reduction strategy[5] - Cash paid for interest during the year was $7,873 million, compared to $5,714 million in the previous year[23] - Interest expense for the six months ended March 31, 2024, was $8,848 million, an increase of 34.2% from $6,595 million in the same period of 2023[27] Contracts and Business Development - Contract backlog increased to $736.2 million as of March 31, 2024, up from $653.5 million at the end of the previous quarter, representing a sequential growth of over $80 million[4] - The VA CMOP program contract has a ceiling value of $200 million, with initial tasking through July 31, 2024, following the issuance of new contracts for services[5] - The company announced renewal contract awards with the National Cancer Institute and the National Institute on Drug Abuse, potentially increasing its presence through significant contract provisions for optional IT services[4] Costs and Expenses - General and administrative costs increased as a percentage of revenue to 11.6% from 10.8%, primarily due to higher legal costs associated with customer procurements[7] - The company utilized $466 million in investing activities, significantly lower than $181,174 million in the prior year, indicating a strategic shift in investment approach[23]

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 0-18492 DLH HOLDINGS CORP. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Address of principal executive offices) (770) 554-3545 (Registrant ...

The labor market has cooled from its 2023 highs but remains on solid ground, with thousands of jobs being added to the economy every month. Higher consumer spending and a resilient jobs market have posed major challenges for the Federal Reserve in its fight against sky-high inflation.Higher interest rates have rattled the jobs market. The Bureau of Labor Statistics said on Apr 5 that nonfarm payrolls jumped by 303,000 in March, a lot higher than the consensus estimate of an increase of 200,000. This was als ...

The labor market ended the first three months of the year on a solid footing, with jobs being added steadily and the unemployment rate edging lower. Job additions easily topped expectations in March despite higher interest rates, a tell-tale sign that the economy remains insulated from looming recessionary threats.Nonfarm payrolls increased by 303,000 in March, way higher than analysts’ projections of payrolls increasing by 200,000, per the Bureau of Labor Statistics. The jump in new jobs was the most since ...

While service activities are currently in good shape, their positive impacts on the Staffing Firms industry are being partially offset by contracting economic activity in the manufacturing sector. Successful remote work and increased use of technology are helping Randstad N.V. (RANJY) , Korn Ferry (KFY) and DLH Holdings Corp. (DLHC) .About the Industry The Zacks Staffing industry is a diverse sector encompassing companies that offer a comprehensive range of human resources and workforce solutions. These ser ...

ATLANTA, March 07, 2024 (GLOBE NEWSWIRE) -- DLH Holdings Corp. (NASDAQ:DLHC) ("DLH" or the "Company"), a leading Health IT provider of digital transformation and cybersecurity, science research and development, and systems engineering and integration, today announced that it has been awarded a contract to continue and expand its user-experience, technology refresh and IT services for the National Institutes of Health's ("NIH") National Cancer Institute ("NCI"). NCI, the largest institute under NIH, is the f ...