Government And Military Contractor Booz Allen Clocks Strong Q2 Performance, Backlog Expands to $41.3B

Booz Allen Hamilton Holding (NYSE:BAH) reported fiscal second-quarter adjusted EPS of $1.81, topping the analyst consensus estimate of $1.49. The stock price gained after the print.

Quarterly sales of $3.15 billion, up 18% year-on-year, beat the street view of $2.97 billion. The backlog grew by 17.7%, reaching $41.3 billion, while the quarterly book-to-bill ratio stood at 2.61x.

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During the quarter, the company achieved double-digit organic revenue ...