Financial Performance - Q3 Fiscal Year 2024 - Revenue increased by 12.9% to $2.6 billion compared to the prior year period[9, 36] - Revenue, excluding billable expenses, increased by 13.0% to $1.8 billion[9, 36] - Net income increased significantly by 374.6% to $146 million[9, 38] - Adjusted EBITDA increased by 19.1% to $291 million[9, 39] - Diluted EPS increased substantially to $1.11 from $0.23, a 382.6% increase[9, 39] - Adjusted Diluted EPS increased by 31.8% to $1.41[9, 39] Financial Performance - Fiscal Year-to-Date (as of December 31, 2023) - Revenue increased by 15.6% to $7.9 billion[9] - Revenue, excluding billable expenses, increased by 14.7% to $5.5 billion[9] - Net income increased by 40.7% to $478 million[9] - Adjusted EBITDA increased by 13.5% to $888 million[9] - Adjusted Diluted EPS increased by 17.5% to $4.17[9] Capital Allocation - In Q3 FY2024, the company deployed approximately $164.2 million in capital[12] - $61.7 million was allocated to quarterly dividends[12] - $94.5 million was used for share repurchases[12] - $8.1 million was invested in strategic investments and acquisitions[12] Fiscal Year 2024 Guidance (Updated) - Revenue growth is projected to be between 14.0% and 15.0%[15] - Adjusted EBITDA is expected to be in the range of $1.155 billion to $1.175 billion[15] - Adjusted Diluted EPS is projected to be between $5.25 and $5.40[15]
Booz Allen Hamilton (BAH) - 2024 Q3 - Earnings Call Presentation