The consulting firm reported Q1 non-GAAP EPS of $1.81, exceeding expectations, while revenue fell short by $10M.
Booz Allen Hamilton posted first-quarter non-GAAP earnings per share of $1.81, beating estimates by $0.33. Revenue declined 4.2 percent year-over-year to $2.8 billion, missing forecasts by $10 million.
Revenue excluding billables totaled $2.0 billion, down 3.8 percent from the prior year. Free cash flow rose to $261 million, up from $96 million in the same period last year.
The company did not disclose immediate market reaction in the release.