DLH Holdings Corp. (NASDAQ:DLHC) Q3 2023 Earnings Conference Call August 3, 2023 10:00 AM ET

Company Participants

Chris Witty - Investor Relations

Zach Parker - President and Chief Executive Officer

Kathryn JohnBull - Chief Financial Officer

Conference Call Participants

Joe Gomes - NOBLE Capital

Brian Kinstlinger - Alliance Global Partners

Operator

Good morning and welcome to the DLH Holdings Fiscal 2023 Third Quarter Earnings Conference Call. [Operator Instructions] Please also note that this event is being recorded today. I would now like to turn the conference over to Chris Witty, the Investor Relations Advisor. Please go ahead, sir.

Chris Witty

Thank you and good morning, everyone. On the call with me today is Zach Parker, President and Chief Executive Officer; and Kathryn JohnBull, Chief Financial Officer. The company’s earnings release and PowerPoint presentation are available on our website under the Investor page.

I would now like to provide a brief safe harbor statement, which is also shown on Slide 3 of the presentation. This call may include forward-looking statements that relate to the company’s outlook for fiscal 2023 and beyond. These forward-looking statements are subject to various risks and uncertainties that could cause actual results and events to differ materially from these statements. Please refer to the risk factors contained in the company’s annual report on Form 10-K and in our other filings with the Securities and Exchange Commission. We do not undertake any duty to update any forward-looking statements.

On today’s call, we will be referencing both GAAP and non-GAAP financial measures. A reconciliation of our non-GAAP results to our reported GAAP results is included in our earnings release and in the investor presentation on DLH’s website.

President and CEO, Zach Parker, will speak next followed by CFO, Kathryn JohnBull, after which we’ll open it up for questions. With that, I’d now like to turn the call over to Zach. Please go ahead, Zach.

Zach Parker

Thank you, Chris and good morning everyone. Welcome to our 2023 third quarter conference call. We continue to make good progress and remain on track for a strong end to fiscal 2023. These accomplishments are attributed to the great commitment and talent of our accomplished and distinguished employee base. They have weathered the pandemic storm and continue to deliver high-caliber solutions and services to our clients.

Let’s dive into the financial highlights on Slide 4. I’ll first provide a high-level overview of the quarter’s financial highlights. I am pleased to announce that the third quarter revenue surpassed the $100 million mark setting a new milestone for our ongoing operations that reflects our success, acquiring and integrating, growing organizations as well as importance of key programs and agencies that we serve. We anticipate being at or better than this run rate going forward, testimony of our new phase of growth – of our next phase of growth, which is built upon organic strength, a broader array of technology-enabled solutions and reflects strong demand for the company’s extensive capabilities by the federal government.