Booz Allen Reports Lower F2Q Revenue as Billable Expenses Fall Nearly 11%
CFO Troy Lahr said billable expenses fell nearly 11% year over year. National security business grew 1%, reflecting strong customer demand.
Booz Allen Hamilton’s F2Q revenue declined, largely reflecting a nearly 11% year-over-year drop in billable expenses, CFO Troy Lahr said during a call with analysts. The company’s national security business grew 1% from a year earlier, which Lahr attributed to strong customer demand.