Defense contractor Booz Allen Hamilton Holding Corporation (NYSE:BAH) stock declined on Friday after the company reported its fiscal second-quarter results.

The company reported quarterly adjusted EPS of $1.49, which missed the analyst consensus estimate of $1.51.

Quarterly sales of $2.89 billion, down by 8.1% year-on-year, missed the street view of $2.99 billion.

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The backlog grew by 2.9%, reaching $40 billion, while the quarterly book-to-bill ratio stood at 1.7x. Organic revenue declined by 4.7%.

Booz Allen recorded a quarterly operating income of $283 million, down from $549 million a year ago.

As of September 30, the client staff headcount had decreased by around 3,100 ...