Government And Military Contractor Booz Allen Clocks Strong Q2 Performance, Backlog Expands to $41.3B

Booz Allen Hamilton Holding BAH reported fiscal second-quarter adjusted EPS of $1.81, topping the analyst consensus estimate of $1.49. The stock price gained after the print. Quarterly sales of $3.15 billion, up 18% year-on-year, beat the street view of $2.97 billion. The backlog grew by 17.7%, reaching $41.3 billion, while the quarterly book-to-bill ratio stood at 2.61x. Also Read: SAIC's $130B Pipeline Boosts Outlook, Booz Allen Faces Valuation Challenge, Says JP Morgan During the quarter, the company ach ...