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View All NewsDLH revenue rises with Danya acquisition, organic growth is 5%
August 04, 2016
DLH Holdings Corp. (NASD: DLHC), a provider of healthcare and logistics staffing and solutions to the federal government, reported revenue rose 48.9% in its fiscal third quarter ended June 30. Organic growth was 5%. The company acquired Danya International LLC earlier this year.
| (US$ thousands) | Q3 2016 | Q3 2015 | % growth |
| Revenue | $24,989 | $16,781 | 48.9% |
| Gross margin | $5,456 | $3,038 | 79.6% |
| Gross margin percentage | 21.8% | 18.1% | |
| Net income/loss | $776 | $437 | 77.6% |
Quote
“I am pleased to say that the addition and integration of Danya is proceeding very well, and we are on plan to bring our teams and systems together to build a better, stronger organization,” President and CEO Zach Parker said.
Share price and market cap
Shares were at $5.04, unmoved in early afternoon trading. DLH has a market cap of $48.97 million, according to Yahoo.