DLH Holdings (NASDAQ:DLHC) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$100.7m (down 1.5% from 3Q 2023).

• Net income: US$1.14m (down 35% from 3Q 2023).

• Profit margin: 1.1% (down from 1.7% in 3Q 2023).

• EPS: US$0.08 (down from US$0.13 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

DLH Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 43%.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are down 10% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for DLH Holdings (1 is a bit concerning!) that you should be aware of before investing here.

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