The following is a summary of the DLH Holdings Corporation (DLHC) Q3 2024 Earnings Call Transcript:

Financial Performance:

• DLH reported Q3 2024 revenue of $100.7 million.

• EBITDA for the quarter came in at $10.0 million.

• Operating cash flow for the quarter was $4.6 million, totaling $14.9 million year-to-date.

• The company paid off $4.3 million of higher interest floating rate debt, leaving a total debt of $166.5 million.

Business Progress:

• Despite facing challenges with small business set-aside transitions, DLH is seeing expansion in its public health and enterprise IT management businesses.

• The company is involved in bidding for new contract opportunities which might materialize early in fiscal 2025, potentially boosting top-line growth.

Opportunities:

• DLH anticipates new business opportunities from government evaluations and requests for proposals across its core markets, enhancing prospects for future revenue growth.

Risks:

• Continued impact on revenue due to the transition of certain projects to small business set-asides, and ongoing contract renegotiations could affect financial stability.

• Uncertainty remains regarding the award timing and value of critical service contracts, which may lead to prolonged contract acquisition cycles and potential revenue disruptions.

More details: DLH Holdings IR

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