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DLH Reports Fiscal 2025 Third Quarter Results
Globenewswire· 2025-08-06 20:15
Core Insights - DLH Holdings Corp. reported a decline in revenue for Q3 fiscal 2025, totaling $83.3 million compared to $100.7 million in Q3 fiscal 2024, primarily due to small business set-aside transitions and contract adjustments [5][8][11] - The company experienced a reduction in operating income to $3.8 million, with an operating margin of 4.5%, down from 5.7% in the previous year [6][8] - DLH's total debt decreased to $142.3 million as of June 30, 2025, reflecting a $9.4 million reduction during the quarter [11][12] Financial Performance - Revenue for the three months ended June 30, 2025, was $83.3 million, a decrease of approximately $17.4 million year-over-year [5][8] - Net income for Q3 fiscal 2025 was approximately $0.3 million, or $0.02 per diluted share, compared to $1.1 million, or $0.08 per diluted share, in Q3 fiscal 2024 [9][10] - EBITDA for Q3 fiscal 2025 was $8.1 million, representing 9.7% of revenue, down from $10.0 million or 10.0% of revenue in the prior year [10][26] Operational Highlights - The company managed to reduce general and administrative expenses by $1.1 million year-over-year, reflecting effective management of operating costs [6][11] - DLH's contract backlog as of June 30, 2025, was approximately $555.3 million, a decrease from $690.3 million as of September 30, 2024 [12][11] - Interest expense decreased to $3.5 million in Q3 fiscal 2025 from $4.1 million in the prior-year period, attributed to lower outstanding debt [7][11] Strategic Outlook - Management expressed optimism about future growth opportunities, citing expected increases in defense spending and a focus on advanced technologies and public health initiatives [4][3] - The company anticipates a return to robust bid activity and funding across key service areas for fiscal 2026 and beyond [3][4] - DLH is positioned to leverage its capabilities in cybersecurity, digital transformation, and public health to support federal agencies [4][3]
Inspired Entertainment Names Aimee Remey as Vice President of Investor Relations
GlobeNewswire News Room· 2025-08-05 20:30
Core Insights - Inspired Entertainment, Inc. has appointed Aimee Remey as Vice President of Investor Relations to enhance engagement with the investment community and support business growth [1][2][3] Group 1: Company Overview - Inspired Entertainment is a leading B2B provider of gaming content, technology, hardware, and services, operating in approximately 35 jurisdictions worldwide [4] - The company supplies gaming systems and associated terminals for around 50,000 gaming machines and offers virtual sports products through over 32,000 retail venues [4] - Inspired's portfolio includes digital games for more than 170 websites and amusement entertainment solutions with over 16,000 installed terminals [4] Group 2: Leadership and Strategy - Aimee Remey brings over two decades of experience in the gaming industry and previously served as Vice President of US Investor Relations at Entain Group [2][3] - Remey's appointment is part of Inspired's strategy to scale its business and deepen relationships with the financial community [3] - The leadership team, including President and CEO Brooks Pierce, expresses confidence in Remey's qualifications and her understanding of the company's strategy [3]
Inspired Announces Private Placement of £270 Million Senior Secured Notes and New £17.8 Million Credit Facility
Globenewswire· 2025-06-09 20:15
Core Viewpoint - Inspired Entertainment, Inc. has successfully completed a private placement of £270 million in senior secured notes due 2030 and established a new £17.8 million revolving credit facility, aimed at refinancing existing debt and supporting general corporate purposes [1][3]. Financing Details - The 2030 Senior Secured Notes will have a floating interest rate linked to SONIA, with a margin of 550 to 600 basis points, maturing on June 9, 2030 [2]. - The new Revolving Credit Facility will also have a floating interest rate based on SONIA, with a margin of 325 to 375 basis points, maturing on December 9, 2029 [2]. Use of Proceeds - Proceeds from the 2030 Senior Secured Notes will be used to redeem existing £235 million senior secured notes due June 1, 2026, repay £15 million in loans from the previous revolving credit facility, cover refinancing fees, and for general corporate purposes [3]. Company Overview - Inspired Entertainment, Inc. provides a diverse portfolio of gaming content, technology, hardware, and services across various regulated markets, operating in approximately 35 jurisdictions worldwide [6]. - The company supports around 50,000 gaming machines and offers virtual sports products through over 32,000 retail venues, along with interactive games for more than 170 websites [6].