Booz Allen Hamilton Holding Corporation
Booz Allen Hamilton Reports Strong Q3 FY24 Results and Raises Full-Year Guidance
Summary
Booz Allen Hamilton Holding Corporation announced its third-quarter fiscal 2024 results, showing double-digit revenue growth and a substantial increase in earnings. The company reported quarterly revenue of $2.6 billion, up 12.9% from the prior year, and an adjusted diluted EPS of $1.41, significantly higher than the prior year's $1.07. The strong performance led to an increase in the full-year guidance, with the company now expecting adjusted diluted EPS between $5.25 and $5.40. Additionally, the company raised its quarterly dividend by $0.04 to $0.51 per share.
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About Booz Allen Hamilton Holding Corporation
Booz Allen Hamilton Holding Corporation is a management consulting company that specializes in providing services primarily to the U.S. government. Founded in 1914 and headquartered in McLean, Virginia, the company offers expertise in consulting, analytics, digital solutions, engineering, and cyber security. Booz Allen Hamilton plays a significant role in sectors such as defense, intelligence, and civil government, offering strategic and transformative solutions to complex challenges faced by federal clients. Known for its deep understanding of governmental needs, the company helps in tackling national security issues, optimizing mission-oriented technological capabilities, and improving efficiency. Beyond its governmental focus, Booz Allen also serves commercial clients, leveraging its extensive experience to drive business innovation and digital transformation. As a major player in the consulting arena, Booz Allen Hamilton's contributions are critical in aiding organizations to navigate intricate strategic landscapes, reinforcing its market significance in the realms of technology and management consulting.
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