Booz Allen Cuts Outlook as Quarterly Profit, Revenue Fall

Core Insights - Booz Allen Hamilton has revised its annual outlook downward following a decline in profit and revenue during its fiscal second quarter, primarily due to a persistent slowdown in funding [1] Financial Performance - The company reported lower profit and revenue in its fiscal second quarter, indicating financial challenges [1] Market Conditions - The decline in financial performance is attributed to a continued slowdown in funding, which is impacting the company's overall outlook for the year [1]