DLH Holdings Corp reports results for the quarter ended June 30 - Earnings Summary
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DLH Holdings Corp reported adjusted earnings of 2 cents per share for the quarter ended June 30, down from 8 cents a year ago. Revenue fell 17.2% to $83.34 million, slightly above analyst expectations. The company’s net income was $289 thousand, and shares dropped 5.8% this quarter, totaling a 31.5% decline for the year. Analysts maintain a "buy" rating, with a median 12-month price target of $10.00, representing a 45% upside from the last closing price of $5.50.
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