Booz Allen Hamilton Holding Corporation · NYSE:BAH
Booz Allen Hamilton — Q2 FY2018 Earnings Presentation
12 slides from Booz Allen Hamilton's earnings presentation, Nov 6, 2017
Slide 1: Earnings Call Presentation
EARNINGS CALL PRESENTATION Fiscal Year 2018, Second Quarter NOVEMBER 6, 2017
Slide 2: Call Participants
CALL HORACIO ROZANSKI PRESIDENT AND CHIEF EXECUTIVE OFFICER PARTICIPANTS LLOYD HOWELL CHIEF FINANCIAL OFFICER AND TREASURER CURT RIGGLE VICE PRESIDENT INVESTOR RELATIONS 1
Slide 3: Disclaimer
DISCLAIMER Forward Looking Safe Harbor Statement Certain statements contained in this presentation and in related comments by our management include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include
Slide 4: Financial Highlights
FINANCIAL HIGHLIGHTS Q2 FY18 KEY PERFORMANCE INDICATORS • Accelerating growth in revenue, excluding billable expenses compared to prior year’s quarter • Strong year-over-year headcount growth of nearly 1,500 • Record backlog, reflecting growth of 22.3% year-over-year • Second highest book-to-bill si
Slide 5: Key Financial Results
KEY FINANCIAL RESULTS SECOND QUARTER FISCAL YEAR 2018 PRELIMINARY RESULTS S E C O N D Q U A R T E R (1) F I R S T H A L F (1) Revenue $1.5 billion 10.6% Increase $3.0 billion 7.7% Increase Revenue, Excluding $1.1 billion 7.5% Increase $2.1 billion 6.3% Increase Billable Expenses Net Income $70.9 mil
Slide 6: Capital Allocation
CAPITAL ALLOCATION WE ARE COMMITTED TO CREATING NEAR- AND LONG-TERM VALUE FOR INVESTORS THROUGH REVENUE GROWTH, OPERATIONAL EXCELLENCE AND EFFECTIVE CAPITAL DEPLOYMENT • Our FY18 plan remains unchanged: - On track to convert approximately 100 percent of Adjusted Net Income to Free Cash Flow - Aim to
Slide 7: Financial Outlook
FINANCIAL OUTLOOK REITERATING FULL YEAR GUIDANCE F I S C A L 2 0 1 8 F U L L Y E A R O U T L O O K (3) Growth in the Range of Revenue Four to Seven Percent Diluted EPS (1)(2) $1.80 - $1.90 Adjusted Diluted EPS (1)(2) $1.83 - $1.93 1) Full Fiscal Year 2018 Estimated Weighted Average Diluted Share Cou
Slide 8: Appendix
APPENDIX 7
Slide 9: Non-GAAP Financial Information
NON-GAAP FINANCIAL INFORMATION • “Revenue, Excluding Billable Expenses" represents revenue less billable expenses. We use Revenue, Excluding Billable Expenses because it provides management useful information about the Company's operating performance by excluding the impact of costs that are not ind
Slide 10: Non-GAAP Financial Information
NON-GAAP FINANCIAL INFORMATION (a) Reflects amortization of intangible assets resulting from the Acquisition of our Company by the Carlyle group for the three and six months ended September 30, 2016. (b) Reflects debt refinancing costs incurred in connection with the refinancing transaction consumma
Slide 11: Financial Results – Key Drivers
FINANCIAL RESULTS – KEY DRIVERS Second Quarter 2018 – Below is a summary of Booz Allen’s results for the fiscal 2018 second quarter and the key factors driving those results as compared to the second quarter of fiscal 2017: • Revenue increased by 10.6% to $1.54 billion primarily due to increased cli
Slide 12: Financial Results – Key Drivers
FINANCIAL RESULTS – KEY DRIVERS Six Months Ended September 30, 2017 – Booz Allen’s cumulative performance for the first two quarters of fiscal 2018 has resulted in: • Net cash provided by operating activities was $178.1 million as compared to $217.1 million in the prior year period. The decrease in
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