Booz Allen Hamilton Q1: Near-Term Margin Pressure Is Temporary
Booz Allen Hamilton (BAH) Seeking Alpha·2024-07-26 22:53
Dragos Condrea/iStock via Getty Images I highlighted Booz Allen Hamilton Holding Corporation's (NYSE:BAH) strength in the cyber, 5G and AI in defense and civil markets in my previous coverage published in May 2024. The company released its Q1 result on July 26th before the market opened, reporting 10.6% organic revenue growth and a 1.7% operating profit decline. While the company is facing near-term margin pressure, I favor the company’s continued efforts to invest internally to capture the rising deman ...