Booz Allen Hamilton’s net income rises 21 percent
- August 1, 2012
McLean-based Booz Allen Hamilton Holding Corp. reported that its first-quarter net income for fiscal year 2013 rose 21 percent despite a slight drop in revenue in comparison to the same period the year before.
The parent company of the management and technology consulting company Booz Allen Hamilton Inc. said net income was $61.9 million, or 43 cents per diluted share, in the quarter ended June 30, up from $51.1 million, or 37 cents per diluted share, during the first quarter of fiscal year 2012.
The company’s adjusted net income for the first quarter was $66 million, up from $58 million during the same period the prior year.
First-quarter revenue totaled $1.43 billion, down 1 percent from $1.45 billion in the first quarter of fiscal year 2012.