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Booz Allen Reports Nearly 13% Increase in Q3 Fiscal 2024 Revenue; Horacio Rozanski Quoted

Booz Allen Hamilton (NYSE: BAH) has reported revenue growth of 12.9 percent to $2.57 billion and adjusted diluted earnings per share increase of $1.41 during the third quarter of the company’s fiscal year 2024.

The company said it saw its net income rose by 374.6 percent to $145.6 million, operating income jumped by 322.2 percent to $247.6 million and adjusted earnings before interest, taxes, depreciation and amortization increased by 19.1 percent to $290.6 million during the quarter ended Dec. 31.

Booz Allen’s quarterly backlog grew by 14.2 percent to $34.3 billion and the quarterly book-to-bill ratio was 0.72x.

“This quarter, we continue to deliver industry-leading double-digit organic revenue growth. We remain ahead of pace on our multi-year investment thesis and again, expect to exceed our guidance for the fiscal year,” said Horacio Rozanski, president and CEO of Booz Allen and a two-time Wash100 awardee.

The McLean, Virginia-headquartered company also reported a 9.2 percent year-over-year increase in client staff headcount and 8.6 percent year-over-year total headcount growth.

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