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Booz Allen Posts Gains In Earnings, Sales In Fourth Quarter

Defense Daily Staff Defense Daily Staff
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Consulting services firm Booz Allen Hamilton [BAH] yesterday posted a strong end to its fiscal year with increases in earnings and sales in the fourth quarter. Net income soared more than 180 percent to $50.6 million, 36 cents earnings per share (EPS), versus $18.1 million (13 cents EPS) a year ago. Stripping out charges and other one-time costs and benefits, adjusted net income increased 23 percent to $62.2 million (44 cents EPS), topping consensus estimates by four cents. Net income…

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