Thursday, February 14, 2019

DLH Holdings (DLHC)

10Q reveals solid 1Q19.

DLH Holdings Corp is
a provider of technology-enabled business process outsourcing and program
management solutions in the United States. The company offer services to
several government agencies which include the Department of veteran affairs,
Department of health and human services, Department of defense and other
government agencies.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

RATING: OUTPERFORM

• Year Off to a Great Start. DLH Holdings filed its 10Q for the period ended 12/31/2018 last night. The filing reveals a solid start to the year. Revenue of $33.8M and diluted EPS of $0.13 was above our estimate of $32.5 million and $0.06, respectively, and beat consensus estimates of $32.1 million and $0.07, respectively.
• Solid Execution. The 11.7% year-over-year revenue increase was due to an expansion of workload volumes on both the VA and HHS contracts. An improved quality of revenue drove gross margin up to 23.1% from 21.6%, while SG&…     
  
  
  GO TO FULL REPORT
  
  
  

  
  Get full report on Channelchek desktop.

*Analyst
certification and important disclosures included in full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.