- DLH Holdings (NASDAQ:DLHC) reports Q4 revenue growth of 6.9% Y/Y to $32.49M.
- Gross margin increased 40 bps to 24.3%.
- Adj. EBIDTA margin increased 191 bps to 10.5%.
- G&A expenses were $4.5M (-2.2% Y/Y) with D&A of $0.6M (+20% Y/Y).
- Reduced senior debt to $7.7M; Cash balance was at $6.4M.
- CFO generated was $6.1M, reflecting its financial results and working capital management.
- "In fiscal 2018, revenue, EBITDA, and operating cash flow reached their highest levels in over a decade, reflecting expansion in levels of service on our key contracts," stated DLH President and CEO Zach Parker.
- Previously: DLH Holdings beats by $0.03, misses on revenue (Dec. 13)