DLH Holdings Corp. (NASD: DLHC), a provider of healthcare and logistics staffing and solutions to the US government, reported revenue rose 9.1% in its fiscal fourth quarter ended Sept. 30, due primarily to expansion on existing programs and new business awards.

The Atlanta-based firm also reported gross margin benefited from improved program performance and higher margin new business.

Fourth-quarter net income improved thanks to a $5.8 million tax benefit in 2015 compared to a tax benefit of $4.6 million in 2014, nearly $800,000 in improved operating margin this year and $1.5 million in favorable closure of a legacy payroll tax issue.

Quote

“We are very pleased that our business solutions deliver a high quality, cost effective value for our clients while generating strong financial performance, with improvement in all key metrics compared to the prior year periods” said President and CEO Zach Parker. “We continue to have a strong backlog and have qualified a robust pipeline of new business opportunities, principally in healthcare, with emphasis on telehealth and pharmacy operations management.”

Full-year results

Share price and market cap

Shares in DLH rose 4.74% to $2.65 in early afternoon trading today and DLH has a market cap of approximately $25.31 million, according to Yahoo!