Welcome to our dedicated page for DLH Holdings news (Ticker: DLHC), a resource for investors and traders seeking the latest updates and insights on DLH Holdings stock.
DLH Holdings Corp. provides science research and development, systems engineering and integration, digital transformation, and cybersecurity solutions for federal government customers. Its news commonly covers financial results, operating trends, cash flow, debt reduction, backlog, and the impact of federal contracting conditions on revenue.
Company updates also focus on health and national security missions, including work for agencies such as NIH, HHS, VA, DoD, and related sub-agencies. Recurring themes include information technology task orders, enterprise systems management, cloud computing, software development, telehealth systems, artificial intelligence, advanced analytics, and cybersecurity certifications such as CMMC Level 2.
DLH Holdings Corp. (NASDAQ: DLHC) has announced the appointment of G. Maliek Ferebee as Chief Human Resources Officer (CHRO). Ferebee will oversee all HR operations, focusing on talent development, employee engagement, and diversity. He previously served as Chief Human Capital Officer at Alion Science and Technology, managing a workforce of over 3,200. Zach Parker, DLH President and CEO, expressed confidence in Ferebee’s expertise and leadership, expecting his contributions to enhance the company’s growth and employee engagement.
SnapNurse has partnered with DLH Holdings Corp (NASDAQ: DLHC) to deploy hundreds of emergency medical personnel in Alaska, addressing an increase in COVID-19 cases. This initiative supports two FEMA contracts, valued at a total of $107 million for a 90-day base period. The contracts include emergency medical services and community COVID-19 testing efforts, with optional extensions available. SnapNurse's innovative staffing model aims to fill vacancies within 48 hours, contrasting with traditional agencies' 14-day average.
DLH Holdings Corp. (NASDAQ: DLHC) has secured a $20 million contract under a FEMA initiative to aid Alaska in COVID-19 response through testing, vaccination, and monoclonal antibody therapy. This award, effective for a 90-day base period with three optional one-month extensions, complements a previous contract for medical countermeasures announced in September. DLH will manage logistics for healthcare personnel, ensuring efficient distribution of vital medical services in Alaska.
DLH Holdings Corp. (NASDAQ: DLHC) announced a new contract to provide medical countermeasures and emergency medical services in Alaska amid rising COVID-19 cases. The contract, awarded by FEMA, has a ceiling value of $87 million for an initial 90-day period, with options for three additional months. DLH will coordinate emergency medical logistics and deploy experienced medical staff to enhance healthcare services throughout the state. This move supports DLH's ongoing commitment to address public health challenges during the pandemic.
DLH Holdings Corp. (NASDAQ: DLHC) has secured a contract from the CDC's Division of HIV Prevention for data management services, valued at $35 million over five years. The contract aims to support initiatives to reduce new HIV infections and improve care linkage for HIV-infected individuals. This opportunity strengthens DLH's commitment to public health and enhances its relationship with the CDC. The company will collaborate with various specialists to provide comprehensive data management services, contributing to the ongoing fight against infectious diseases.
DLH Holdings Corp. (NASDAQ: DLHC) reported third-quarter fiscal 2021 revenue of $61.6 million, up from $51.5 million in the previous year, primarily attributed to the acquisition of Irving Burton Associates and organic growth. Operating margins improved to 8.0% from 7.4%. Net income rose to $2.9 million or $0.21 per diluted share, reflecting strong demand for technology-enabled solutions. Year-to-date operating cash flow reached $15.4 million. The backlog totaled $566.2 million, indicating robust future prospects.
DLH Holdings Corp. (NASDAQ: DLHC) will announce its financial results for the fiscal third quarter on August 4, 2021, after market close. A conference call for investors is scheduled for August 5, 2021, at 10:00 a.m. ET, featuring senior management's presentation on the financial results and operating trends, followed by a Q&A session. Interested participants can listen in by dialing specific numbers or accessing the replay on the company’s website. DLH provides various health services to federal agencies and boasts over 2,200 employees.
Summary not available.
DLH Holdings Corp. (NASDAQ: DLHC) reported a revenue increase to $61.5 million for Q2 FY2021, up from $54.8 million in Q2 FY2020, largely due to the acquisition of IBA. Operating margins expanded to 7.5%, with earnings of $2.6 million ($0.19 per share), compared to $2.1 million ($0.16 per share) the previous year. A significant contract award from the VA for $202 million further enhances revenue visibility. The company’s backlog stood at $608.7 million as of March 31, 2021, excluding the new contract.
DLH Holdings Corp. (NASDAQ: DLHC) announced a follow-on contract with the Department of Veterans Affairs worth $202 million to provide medical logistics for the Consolidated Mail Outpatient Pharmacy. This contract spans one year with four optional extensions. It highlights DLH's strong 20-year partnership with the VA and the importance of mail order in veteran care, especially during the COVID-19 pandemic. Last year, the CMOP program processed over 120 million prescriptions nationwide, showcasing DLH's role in improving pharmaceutical delivery to veterans.