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Booz Allen Posts Higher Earnings And Sales In Second Quarter

Cal Biesecker By
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Booz Allen Posts Higher Earnings And Sales In Second Quarter
Horacio Rozanski, president and CEO of Booz Allen Hamilton. Photo: Booz Allen Hamilton

Booz Allen Hamilton [BAH] on Wednesday reported a double-digit increase in second quarter earnings on higher sales and a lower tax rate.Net income increased 12 percent to $62.8 million, 41 cents earnings per share (EPS), from $56.2 million a year ago, topping consensus estimates by 3 cents per share. Sales increased nearly 6 percent to $1.4 billion from $1.3 billion a year ago.The ability to hire professionals is critical to the company’s growth. In the second quarter Booz Allen added…

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