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DLH Holdings Corp. Message Board

  • fabulouspoodle fabulouspoodle Dec 30, 2010 9:30 AM Flag

    earnings estimate out (from nt-10q)


    Backing out the first three quarters, seems like a big loss for the quarter operationaly, and a much bigger one in total. Sales were ok for the qtr. I'm glad I sold this thing a ways back.

    "...For FY 2010, the Registrant expects to report revenues of approximately $40.9 million, which represents a decrease of $5.1 million or 11.2% over the prior fiscal year. The decrease in revenues from continuing operations is due primarily to the impact of reduced overtime as well as net reductions in headcount at certain Government facilities related to federal government “in sourcing” certain positions. Loss from operations in FY 2010 is presently expected to be approximately $3.0 million, as compared to income from operations for FY 2009 of $0.4 million. Further, the Registrant presently expects to report a net loss for FY 2010 of approximately $4.5 million, as compared to net loss of $4.4 million for FY 2009. Since the Registrant has not completed its financial statements or its assessment of the risks and anticipated future performance of the Registrant’s business, and the audit of the financial statements has also not been completed, this financial information may change materially."

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