Quarterly EPS of $1.81 topped analyst estimates of $1.49, while net income fell to $198 million and revenue slipped to $2.80 billion from $2.92 billion a year earlier.
Booz Allen Hamilton reported lower fiscal first-quarter profit and revenue but maintained its outlook, saying demand is accelerating in parts of the business. Net income fell to $198 million, or $1.63 a share, from $271 million, or $2.16 a share, a year earlier. Revenue declined to $2.80 billion from $2.92 billion and slightly missed analyst expectations, while quarterly EPS of $1.81 beat estimates of $1.49 by more than 21%.