Booz Allen Hamilton Announces Second Quarter Fiscal 2012 Results.
Business Wire › November 03, 2011
Linked as:
Business Wire › November 03, 2011
Linked as:Extract
Booz Allen Hamilton Announces Second Quarter Fiscal 2012 Results.
Revenue increased 4.5 percent, to $1.43 billion
Adjusted EBITDA increased by 13 percent, to $114.5 million Adjusted Diluted Earnings per Share increased by 44 percent, to 36 cents per share Total backlog increased 16.4 percent, to a record $12.86 billion MCLEAN, Va. -- Booz Allen Hamilton Holding Corporation (NYSE:BAH), the parent company of management and technology consulting firm Booz Allen Hamilton Inc., today announced preliminary results for the second quarter of its fiscal 2012 with solid growth over the comparable prior year period. Booz Allen also reported backlog at a record level of $12.86 billion as of September 30, 2011. Booz Allen's fiscal year runs from April 1 to March 31, with the second quarter of fiscal 2012 ending September 30, 2011.Revenue in the second quarter of fiscal 2012 was $1.43 billion, compared with $1.37 billion in the prior year period, an increase of 4.5 percent. Booz Allen continued to grow revenue organically across all major markets.Net income increased to $75.3 million from $14.8 million in the prior year period and Adjusted Net Income increased to $50.6 million from $30.1 million in the prior year period. Diluted Earnings per Share (EPS) and Adjusted Diluted EPS in the second quarter of fiscal 2012 were $0.53 and $0.36, respectively, compared with $0.12 and $0.25 in the prior year period.Ralph W. Shrader, Booz Allen's Chairman, Chief Executive Officer, and President, said, "We continued to grow revenue across our federal government business, which serves our civil, defense, and intelligence markets, during the second quarter of fiscal 2012, despite challenging conditions in those mark...See the full content of this document
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